Question: Dear Steve, IRS warning letters sent to me incorrectly over the last three years have significantly affected my mental health. Like millions of other people (as I have read/heard in the news), I have been getting warning letters from the IRS over the last few years that my assets will be seized or my …
I’m almost debt free. Used to be in debt and owed back taxes. I am now almost debt free (thank to awesome people like you) and will be up to date with my taxes within 30 days. I filed my 2011 taxes Two weeks ago Saturday. My CPA said the IRS will debit my bank …
People are often under the impression that unemployment benefits are not taxable. On face value you’d think that public benefits for unemployment that help you to try to get by would not be taxed. But you’d be wrong. If you were paid unemployment benefits in 2011 and did not opt to have taxes withheld from …
As tax season rolls around it’s no surprise to see tax refund check cashing schemes arising in the news. Announced Monday was the filing of a criminal Information charging defendants Wilson Lau, and his wife, Kate Yuee Lau, for their participation in a check cashing scheme involving more than $5 million in fraudulently obtained tax …
You don’t need to be a financial genius or fiscally sound in order to save money. In fact, anyone can save! Anyone with the ability and willingness to save can be a master saver. Taking a few simple ideas and applying them to everyday life can really make a difference over time. A life saver, …
Sydney Jack Williams of Naples, Florida was sentenced today to a year and a day in prison for failing to report more than $12 million to the IRS in related commissions received in Nevin Shapiro’s $930 million Ponzi scheme. Williams previously plead guilty to an Information that charged him with one count of subscribing to …
Janika Fernae Bates, a resident of Alabama, was sentenced today in the Middle District of Alabama to 94 months in federal prison for stealing identities of student loan borrowers and providing them to a co-conspirator, who used them to file false tax returns, the Justice Department and Internal Revenue Service (IRS) announced. On Sept. 23, …
A trucking company’s owners have been indicted on embezzlement, tax evasion and million dollar fraud charges related to the World Trade Center site clean-up. A thirty-one count indictment was unsealed in federal court in Brooklyn this month charging trucking company owners Gerardo P. Fusella and Vincent J. Fusella, Jr., with crimes including embezzlement, mail fraud …
In early December Edward Lawson pleaded guilty to wire fraud in connection with a $6.2 million fraudulent investment scheme. According to his plea, Lawson was the president of “Automated Revenue Creation LLC” and “Guaranteed Results Advertising, LLC” (collectively, GRA). GRA’s investment literature stated that it was in the business of providing advertising through “Narrow Cast …
In late November it was announced that New Jersey mortgage broker, Robert Cusic Jr., admitted that he conspired with a New Jersey attorney, Thomas Frey, and others to extort victims out of money and property by falsely stating they were the subjects of criminal investigations. Cusic plead guilty to an Information charging him with conspiracy …