medical records personal

been reported on Medina’s personal income tax returns. Medina also admitted that he evaded payment of his federal income taxes by causing Lucky Chances to make payments for personal expenses and fictitious business expenses in the amount of more than $1 million. These payments were expensed by Lucky Chances on its books, records and tax returns as ordinary and necessary business expenses. The personal expenses included furniture and redecorating services for his personal residence in Atherton, Calif. Tags: tax evasion Posted in IRS Tax Cases , IRS Times and Inquirer | 3 Comments » « Older Entries

on income he earned from his medical practice. Around 1995, he joined an organization in Denver called Tower Executive Resources. Tower assisted its members in evading federal income taxes, in part by providing a false invoicing scheme to offset income the members’ earned. Lewis’ medical practice paid funds to Tower in exchange for bogus Tower invoices to substantiate huge false business expenses Lewis deducted on the medical practice’s returns. Tower then deposited the bulk of those funds into an offshore bank account, which Lewis controlled. Lewis faces up to five years in prison and a fine of up to $250,000. Lewis’ son, Roy Lewis, a dentist

individuals into revealing personal financial information that can be used to access their financial accounts by making promises relating to the economic stimulus payment, often called a “rebate.”  To obtain the payment, eligible individuals in most cases will not have to do anything more than file a 2007 federal tax return.   But some criminals posing as IRS representatives are trying to trick taxpayers into revealing their personal financial information by falsely telling them they must provide information to get a payment.  For instance, a potential victim is told by phone or e-mail that he or she is eligible for a rebate but must provide a

if your vehicle is used for personal as well as business purposes, only expenses or mileage attributable to the percentage of business use are deductible. There are separate considerations involved in leasing a car for business. Employee benefits. Establishing employee benefit plans, qualified retirement plans and medical or health reimbursement plans can provide tax savings to employees and your business. Recently, the Obama administration and the IRS unveiled a new initiative encourage small businesses to offer retirement savings plans. The initiatives expand opportunities for automatic enrollment in retirement plans, show how employees can save

use corporations to conceal personal income has pleaded guilty to using his corporations to hide income from federal tax authorities. Dana Ray Reynolds pleaded guilty to two counts of subscribing to false tax returns for the years 2002 and 2003 and admitted that he failed to report more than $300,000 in income to the IRS in each of the years. Reynolds, who promoted his tax-avoidance strategy through companies such as Repackaging America and Incorporating You used these companies to pay personal and family expenses. Reynolds also used the corporations to conceal assets, such as automobiles, recreational vehicles and at least one vacation home. Reynolds

trick victims into revealing personal or financial information for the purposes of identity theft. Phishing scams often take the form of an e-mail that appears to come from a legitimate company or government entity, such as the IRS. The IRS never initiates unsolicited e-mail contact with taxpayers. 2. Hiding Income Offshore: This is a time-honored tax evasion scam. But don’t fall for it. Today, even Swiss banks are opening up records to the IRS. Using this scam could land you in prison. 3. Filing False or Misleading Forms: Some scam artists promote frivolous information returns, such as Form 1099-Original Issue Discount (OID), claiming false

him with the evasion of personal income taxes and federal employment taxes. Bowling acknowledged his taxable income from 2002 to 2006 was approximately $368,000. However, because of his failure to file personal tax returns, he failed to pay more than $77,000 in taxes due and owing to the IRS. Whether you are in W. Virginia or any of the other 49 states, Tax Resolution Services can help you find tax relief.  You won’t get away with tax evasion!  But you may find tax relief with our team of tax attorneys and IRS specialists .  Tax Resolution Services has a tax relief success rate of 90%, an Offer in Compromise rate of $0.13 to the

couple’s nondeductible personal living expenses and for their personal residence expenses. To bolster the chances that they would succeed in achieving their tax-avoidance objective, they created a fictitious paper trail that included a purported management consultant agreement, a purported employment agreement, a purported medical and dental reimbursement plan, purported real estate installment documents, a purported educational assistance plan document and a purported automobile installment sale agreement. The taxpayers were liable for the accuracy-related penalty for the years in issue because they substantially understated their tax by claiming

shelter, clothing, food, medical care and other support were being provided by the United States Bureau of Prisons. Tags: filing false federal tax return Posted in IRS Times and Inquirer | No Comments » SAN FRANCISCO WOMAN DID NOT REPORT $1.4M Tuesday, April 8th, 2008 A San Francisco woman was sentenced to 20 months in prison, to be followed by three years of supervised release, for her involvement in an embezzlement scheme and for filing a false tax return. Suzie Moy Yuen, 53, of San Francisco, Calif., pleaded guilty to mail fraud and willfully subscribing to a false tax return. According to

leading radio and television personalities, has endorsed Tax Resolution Services, Co. as a recommended provider of solutions for taxpayers with IRS problems. “The IRS is in the process now of hiring over 2,000 collectors and auditors to go after you,” says Beck, a top-rated Fox news personality, talk radio host, and best-selling author. “Get the experts at Tax Resolution Services on your side. They know how to get it done, how to negotiate, they know how to protect you!” Tax Resolution Services provides affordable tax relief to people with IRS problems. If you owe the IRS over $15,000 in back taxes , have unfiled returns, or are under audit,