Marketer’s Key Performance Indicator Scores a Zero with the IRS
Craig Walcott of Monument, CO, pled guilty to one count of attempting to evade the payment of income taxes in court in November, 2018. Walcott owned and operated a multi-level nutritional supplemental marketing business and also owned and leased residential real estate. The IRS notified Walcott in April, 2010 of an assessment of taxes and […]
Interesting Tax Facts
Since 2001, there have been more than 4.500 changes to the tax code, not including the Tax Cuts and Jobs Act of 2017, signed into law December 22, 2017. More than one-fifth of paper tax returns contain errors. The IRS reports that while the error rate for electronically filed returns is less than 1%, paper […]
Pharmacy Owner Will Need Sedatives After Sentencing
Jerry Harper, Jr., the owner of Family Discount Pharmacy with several locations in Virginia, was sentenced to 41 months in prison for failing to account for, and pay, employment taxes. From 1998 to 2014, Harper was responsible for collecting and paying employment taxes for the pharmacy chain. Although Harper withheld the taxes from his employee’s […]