Owner of Painting Company Gets Caught Whitewashing His Income
Nicholas Boulas, of North Reading, MA was charged by a federal grand jury with attempting to obstruct the internal revenue laws, aiding and assisting in the filing of fraudulent corporate, personal and employment tax returns, tax evasion and structuring financial transactions. It’s alleged that between 2009 and 2014, Boulas, who owned and operated Nick’s Painting […]
What Was He Thinking? Psychiatrist Needs His Head Examined!
Dr. Harshad Shah, of Cypress, CA was sentenced to 51 months in prison on charges of trying to bribe an Internal Revenue Service agent who was auditing his taxes. Although Shah claimed entrapment and tried to get the charges dismissed, the Government had multiple recordings where Shah, without any inducement from the agent, continued to […]
2017 Individual Tax Reform Provisions
On December 20, 2017, Congress passed its comprehensive tax reform bill, the Tax Cuts and Jobs Act (“the Act†or “the Bill”), which is expected to be signed into law by President Trump in early January 2018. The Bill represents one of the most extensive modifications to the U.S. tax code in recent history, significantly modifying U.S. […]