As part of its increased focus on bringing to light areas of under-taxation dating to late 2009, the Internal Revenue Service (IRS) pledged to closely review tax returns of 6,000 businesses. This close examination of business tax filings has been undertaken with the intention of studying areas of compliance and […]
As part of its National Research Program begun in 2010, the Internal Revenue Service (IRS) has examined tax returns of thousands of small, medium-sized and large businesses looking for areas of under-compliance and under-taxation. These special audits focused on several areas of concern including the following: Worker misclassification Fringe benefits […]
Most jobs are governed by the Fair Labor Standards Act (FLSA), but some are not. If the work in question is governed by the FLSA, your company’s tax liabilities and your worker’s tax requirements as well may be impacted. A determination that your workers should have been paid overtime when […]
Employers often try to evade dealing with withholding taxes and paying employee benefits by classifying workers as independent contractors. The IRS, on the other hand, is aggressively engaged in searching for pockets of taxes that the government is missing through current business practices. Both the employer and the worker classified […]
Texas IRS Tax Attorney Every year, the Criminal Investigations Division of the IRS sets goals for the number of criminal tax investigations it will complete and the rate of conviction it wants to achieve. In recent years, the IRS has stepped up its enforcement efforts, driven by policies that emphasize […]
As part of the recent IRS employment tax audit initiative dating to late 2009 and early 2010, the IRS is seeking to hold both individuals and businesses more accountable for existing tax laws. In particular, the tax audit initiative has been examining tax loopholes and gaps involving the following: Fringe […]
Dallas Tax Controversy Attorney The IRS is currently increasing its staff of Criminal Investigators and Revenue Agents by as much as 50 to 100 percent. The odds and the stakes are higher than ever for business owners, for wealthy individuals and indeed, any person or entity facing tax disputes and […]
If you are charged with a criminal tax matter in the Washington, D.C., area, a prison sentence is a real possibility. It is, therefore, of utmost importance for you to take any rumors or investigations seriously and get legal counsel in the earliest stages of a potential criminal tax-related case. […]
Understanding and Resolving IRS Criminal Matters The Internal Revenue Service has its own law enforcement unit, known as the Criminal Investigation Division (CI). CI is a powerful force within the IRS, charged with the task of investigating potential criminal violations of the Internal Revenue Code and any financial crimes related […]
Dallas Tax Evasion Defense Attorney For as long as taxes have been levied, people have used countless techniques to avoid paying them. Governments deal harshly with those caught evading taxes through illegal means. Remember, there are legal ways of avoiding taxes such as contributing some of your pre-tax income to […]