College Professor Fails as CPA

Ahmed Abdelhalim, a professor of accounting and income tax at LaGuardia Community College, was sentenced to prison for tax fraud. In addition to his teaching position, Abdelhalim owned Master Tax Consultants, a tax preparation business. From 2012 to 2016 he prepared and submitted numerous fraudulent tax returns on behalf of his clients. He reported inflated […]

No Love for This Business Owner Sentenced to Prison for Tax Evasion

Shimon Shaked, the owner of several souvenir stores, including I love Duluth in Georgia and I Love Marquette in Michigan, has been sentenced to prison for tax evasion. Shaked owned the stores under a holding company, and although he owned, operated, and controlled the business, he listed his teenage daughter as the nominal owner in […]

Your IRS Questions Answered Here…

Question: I owe 113,000 to the IRS for back taxes. I’m constantly getting threatening letters from them. This has become a big problem in all areas of my life that I have no idea how to approach it.  Can you help me? Answer:  For what it’s worth, take some comfort in knowing that you are […]