Your IRS Questions Answered Here…
Question: I received a notice from the IRS because I did not have the funds to pay the tax I owed on my 2017 income tax return. I also was late in filing my tax return. Not only is the IRS demanding the tax I owe, but they have slapped on these huge amounts for […]
Easy Come Easy Go
A 29-year-old Florida man submitted a false tax return to the IRS in 2016 and got a refund check for $980,000. Ramon Christopher Barnett claimed $18,497 in income, $47,357 in deductions, and one million dollars in income tax credit withholding. His return included a fictitious attachment that contained information on wages and taxes withheld from […]
Temp Agency Owner May Find Himself Temporarily in Jail
California business owner, Luis Perez, has been charged with tax evasion for failing to pay almost 30 million dollars in wages he withheld from employee paychecks. Perez, the owner of four staffing agencies, deducted the taxes from his employees’ paychecks but failed to pay the money to the IRS. These taxes, often called ‘trust fund […]