Unspeakable Lack of Vision
Robert Lawrence Gazdick, Jr., the owner of an audio-visual equipment rental business in Virginia pleaded guilty to tax fraud for failing to pay payroll taxes for his employees from 2013 to 2018. Gazdick deducted the taxes from his employees’ paychecks but failed to pay the funds to the IRS. In total he pocketed 5.35 million […]
CPA Gambled Using Rich and Famous Client’s Money
A gambling addiction led Los Angeles CPA Jonathan Schwartz, the business manager for Alanis Morissette and other well-known performers and athletes, to steal more than seven million dollars from his clients’ accounts. Schwartz had access to his clients’ bank accounts to pay their bills and get cash for them, but instead, frequently got cash […]
Your IRS Questions Answered Here…
Question: I own a small business and in order to keep afloat, I did not pay the IRS for my employee’s withholding taxes for a few years. How much trouble will I be in? Answer: Owing 941 payroll taxes is very different than owing personal 1040 income taxes. Not only can the IRS shut […]