IRS Announces 2017 Standard Mileage Rates
The Internal Revenue Service issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2017, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: 53.5 cents per mile […]
Atlantic City Tax Preparer Pleads Guilty to Preparing Fraudulent Returns for Clients
The operator of an Atlantic City, NJ-based tax preparation business pleaded guilty today to filing false claims with government. John Lopez. 48, a resident of Atlantic City, NJ, entered his plea in Camden federal court before U.S. District Judge Noel L. Hillman. Lopez pleaded guilty to a one count information that charges him with filing […]
Check Cashing Business Owner Sentenced to Prison
Jose Boyzo, of Myrtle Beach, SC was sentenced to 18 months in prison and ordered to pay $1.6 million in restitution to the IRS for tax fraud. Boyzo owned a licensed check cashing business; from 2009 to 2014, he cashed more than 4,305 tax refund checks. Unfortunately, those refund checks were generated from fraudulent tax […]