Watchdog

Tax

Busted: State tax investigator accused of theft

When will a small minority of tax professionals learn that crime doesn't pay? You would think they would know better.
Tax

Detroit tax preparer accused of falsifying client income to maximize Earned Income Tax Credits

The United States has sued Crystal Ireland and her business, Master Mind Preparation, to bar them from preparing tax returns for others.
Tax

California to tax scofflaws: Pay up or lose your driver's (or CPA) license

The California State Assembly has approved Assembly Bill 1424, the Delinquent Taxpayer Accountability Act, aimed at the state's worst tax debtors. The bill delivers a clear message: pay your back taxes or we'll suspend your driver's license and/or professional licenses.
Tax

Feds charge tax pro with filing thousands of false returns

Do you tell your clients to comply with the tax law? Make sure you practice what you preach. In an extreme example, a tax return preparer in Washington D.C. is facing criminal charges in federal court for allegedly scamming the IRS out of almost $14 million.
Tax

Holla, Holla...Ja Rule faces the tax music

A self-proclaimed rap "gangsta" is going to jail for committing a white-collar crime: tax evasion. Multi-platinum selling artist Ja Rule (whose real name is Jeffrey Adkins) has been sentenced to 28 months in federal prison for failing to report more than $3 million in earnings from 2004 through 2006.
Tax

Late filing attorney gives up right to practice before IRS

A Texas attorney accused of willfully failing to file his federal tax returns has been disbarred from practicing before the IRS. The attorney argued that his failures to file and pay were not the result of willful conduct but were due to personal circumstances beyond his control.
Tax

Tax planner jailed for tax evasion

A Salt Lake City tax planner has been sentenced to 10 months of prison, 12 months of supervised release, and ordered to pay the costs of prosecution for willfully failing to file a federal income tax return for 2001.
Tax

Justice Department shuts down San Antonio tax preparation business

A federal court has barred Eddie Madrigal of San Antonio and his business, Madrigal Tax Express Inc., from preparing federal tax returns for others.
Tax

Philly tax firm barred from claiming the First-Time-Homebuyer credit for customers

A federal court has barred a Philadelphia tax preparation firm and its owner from preparing federal tax returns claiming first-time-homebuyer tax credits and tax deductions for certain expenses.
Tax

Ozzy and Sharon Osbourne at odds with the IRS

Not long ago they were one of the richest couples in the United Kingdom. Now Ozzy (real name John) and Sharon Osbourne are up to their eyeballs in tax trouble with Uncle Sam.
Tax

Famous names go round two with the Taxman

Rapper Lil Wayne probably breathed a sigh of relief a few months ago when he settled his $1.13 million debt with the Internal Revenue Service. But compared to the new lien just filed for income earned in 2008 and 2009, that previous bill must seem small.
Tax

TaxSqueal.com: Former IRS investigator lends his old employer a hand

After 30 years with the IRS, 25 of them as a special agent with the criminal investigation division, Al Drucker has heard just about everything when it comes to tax cheats.
Tax

Accountants gone bad...

The following is a summary of the latest news about accountants, both public and private, whose careers have taken a turn for the worse.
Tax

Sister act: Alabama tax prep sisters each face 129 years in prison

Loretta and Tracey Fergerson have been indicted by a federal grand jury in the Middle District of Alabama on a variety of charges stemming from an identity theft and tax fraud conspiracy.
Tax

Dubious achievement: Californian offers IRS revenue officer largest bribe ever recorded

Kulwant Lasher has been sentenced to four years and nine months in prison to be followed by three years of supervised release for conspiring to bribe an IRS Revenue Officer and failing to pay withholding and payroll taxes.
Tax

Accountants gone bad...

The following is a summary of the latest news about accountants, both public and private, whose careers have taken a turn for the worse.
Tax

Celebrities and their tax woes: Young Buck, Joe Francis, Jaime Pressly, and Richard Hatch

The latest celebrity tax round-up features several repeat offenders. It's great to be in the spotlight, but is sparring with the IRS the best way to stay in the public eye?
Tax

IRS sticks former Duke lacrosse player and falsely accused rapist with $6.5M tax bill

The name Reade Seligmann has been out of the headlines for awhile, but lately he's been back in the limelight. The former Duke lacrosse player and falsely accused rapist is dealing with a hefty IRS bill.
Tax

Pacino and Scorsese added to the list of Ponzi scheme victims

Al Pacino, who may be best known for the Godfather movies about the notorious Corleone mob family, is now finding he’s up against a real foe... the Internal Revenue Service. Public documents show Pacino owes the IRS nearly $188,000.
Tax

Tax scams on the front burner at the IRS

In case you're thinking that maybe Wesley Snipes has a good point when it comes to lowering income taxes, the Internal Revenue Service wants to remind potential tax scam artists that it does not plan on ignoring frivolous tax evasion arguments.

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