Should You Grant the IRS An Extension for Their Audit?

Like everyone else, the IRS has deadlines.  If you file a tax return with potential problems, federal law requires the IRS to bring an audit within a certain time frame.  The IRS can only extend the time frame for specific reasons, including if the taxpayer consents to the extension. As counter-intuitive as it may seem […]

Three Indicted in Million Dollar Texas Tax Fraud Scheme

As the saying goes, only two things in life are certain:  death and taxes. No matter how clever you believe your scheme to be, the government will find a way to get you to pay in the end.  A Texarkana native and two associates found that out the hard way recently when they were indicted […]

Supreme Court Ruling on Internet Sales Tax Creates Hurdles for Small Businesses

The Supreme Court of the United States recently issued a ruling that has led to massive headaches for small online retailers who do business across state lines.  The decision, which marked a sharp change from precedent, allows states to collect sales taxes from online business who do business within those states, creating a system in […]

Federal Court Finds “Willful” Violation of Foreign Bank Account Reporting Requirements Where Taxpayer Apparently Didn’t Read the Appropriate Schedules

A recent opinion from the Court of Federal Claims significantly undercuts taxpayers’ ability to claim that certain errors on forms were accidental, finding that what might otherwise be seen as merely a negligent failure to report certain foreign bank accounts in fact justified a “willful” finding leading to a severe tax penalty.  See below for […]

Texas Couple Facing Trial for Unreported Income and Other Tax Charges

A couple from Bastrop, Texas, is facing trial on federal tax charges based on returns filed for the restaurants that the couple owned in Bastrop County. The couple could face up to five years in prison based on the charges they face. Learn more about the case below, and contact an experienced Dallas, Texas tax […]

Failure to Adjust Withholding Under New Tax Law Could Result in Big Tax Bill

The Tax Cuts and Jobs Act, which went into effect in January 2018, will make its full impact known at the end of this year as taxpayers calculate their tax burden under these new laws. Taxpayers who failed to recalculate what they’ll owe for their 2018 earnings may face a rude awakening when their tax […]

Two Texas Women Charged with Tax Fraud & Conspiracy

In November, a federal grand jury sitting in Waco, TX charged two Texas women operating a tax preparation business with conspiracy to defraud the United States, aiding and assisting in the preparation of false tax returns, and filing false personal income tax returns. According to the indictment, Stacey Anderson, assisted by Janell Lightner, operated a […]

Texas Lawyer Faces Fines, Jail Time for Massive Offshore Tax Scheme

No one is above the law, and no one can outwit the IRS forever, even lawyers. A grand jury recently returned an indictment against a Texas lawyer for allegedly hiding more than $18 million in offshore bank accounts. Learn more about the case against the lawyer, and contact a dedicated Texas tax fraud defense attorney […]

What Are the Tax Fraud Charges against Paul Manafort?

The tax fraud trial of former Trump campaign chair Paul Manafort has recently concluded, and jurors are in the midst of deliberating on whether to find him guilty on some or all of the 18 charges alleged by the Justice Department. Read on to learn about the crimes with which Manafort has been charged, and […]

Scammers Posing as IRS Agents Sentenced to Federal Prison

After years of defrauding US citizens while posing as IRS or US Citizenship and Immigration Services (USCIS) officials, over twenty individuals were sentenced to prison for their involvement in a widespread scheme that defrauded victims out of millions of dollars. Read on to learn more about this fraud, as well as tips on how to […]