Monthly Archives: March 2015

Upon Further Review…

Posted on March 8, 2015 by Russ

Remember Rashia Wilson? How could anyone forget someone who brilliantly wrote on her Facebook page: “I’m Rashia, the queen of IRS tax fraud,” Wilson said May 22 on her Facebook page, according to investigators. “I’m a millionaire for the record. … Continue reading →

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I’m Sure This Will Endear Him To The Judge

Posted on March 8, 2015 by Russ

You’re about to be sentenced on 20 felony convictions. You wouldn’t just flee the country, would you? Well Alan Rodrigues tried to do just that. Mr. Rodrigues was convicted last May on charges that he led a national scheme to … Continue reading →

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Online Gambling Addresses Updated for 2015

Posted on March 5, 2015 by Russ

NOTE: This list has been superseded by the 2016 list. With the United States v. Hom decision, we must again file an FBAR for foreign online gambling sites. An FBAR (Form 114) is required if your aggregate balance exceeds $10,000 … Continue reading →

Posted in Gambling | 3 Comments

IRS Proposes Session Method for Slot Machine Play and a Revision to the Regulations on Gambling Information Returns

Posted on March 3, 2015 by Russ

This morning the IRS proposed a new Revenue Procedure for individual taxpayers to determine wagering (gambling) gains and losses from slot machine play. Additionally, the IRS proposed an update to the regulations on information returns for gambling from slot machines. … Continue reading →

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Don’t Call Us

Posted on March 2, 2015 by Russ

Today I attempted to call the IRS Practitioner Priority Service (PPS). I had an outstanding issue I needed to resolve. I didn’t get through. I’m used to being on hold for two hours when calling the IRS. Unfortunately, the IRS … Continue reading →

Posted in IRS | Tagged | 3 Comments

It Was the Sisterly Thing To Do

Posted on March 1, 2015 by Russ

Three Wisconsin sisters allegedly decided that tax fraud and identity theft should stay in the family. They’ve been accused of filing 2,000 phony returns by the Wisconsin Department of Revenue. The Staten sisters (Sharon, Tawanda, and Angela) face 22, 28, … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Correctly Dealing with Tip Income

Posted on March 1, 2015 by Russ

Las Vegas is full of service workers, of course. With many of the world’s largest hotels and casinos in Sin City, there’s an army of workers to man the facilities. Last week, the Tax Court looked at a bartender that … Continue reading →

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