How to file form 3921 electronically
IRS Form 3921 is used to report the exercise of an incentive stock option. This form is used by corporations to document each transfer of stock to a person. If your corporation offers incentive stock options and you accept, you must file Form 3921 for each transfer. Where to find Form 3921 If employees accept […]
What happens if you owe the IRS money and don’t pay
Year after year, some taxpayers end up owing more money because it accrues year over year with more debt. But what if you don’t or can’t pay? Well, in some cases they will use your assets to pay back the debt. The IRS can place a lien on your property and assets, which could later […]
A Buffet of Lies and Deceit
The owners of the New China Buffet and Grill in Tennessee have been charged with employment and income tax fraud, conspiracy to harbor illegal aliens and money laundering. Quanwei Shi and Chongqiang Chen, both 29, are accused of hiring undocumented workers from China and Guatemala to work at their restaurant. They did not require the […]