Category Archives: Tax Evasion

Former NFL Player Alleged to Have Fumbled His Sales Tax Returns

Posted on February 8, 2015 by Russ

I’ve said repeatedly that if you want to get in trouble with the IRS, one of the easiest ways to do so is to collect payroll taxes but not remit them. Less frequently I’ve commented about state tax agencies and … Continue reading →

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This Never Works…

Posted on February 1, 2015 by Russ

If you want to go to prison for tax evasion, there’s an easy method: Withhold payroll taxes and don’t remit them to the IRS or your state tax agency. The government investigates all such actions (or should I say inactions). … Continue reading →

Posted in Payroll Taxes, Tax Evasion | 1 Comment

Golf or Sentencing?

Posted on February 1, 2015 by Russ

It’s a gorgeous day here in Las Vegas today, a perfect day for a round at one of the many golf courses in town. It apparently was just as nice Wednesday in Colorado when three individuals chose to a play … Continue reading →

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One Good Crime Deserved Another

Posted on January 27, 2015 by Russ

Let’s say you’re involved in a 20-year scheme that has successfully evaded millions of dollars in payroll and income taxes for your largest client. However, you’ve only had minor profits from the scheme. So why not embezzle millions of dollars … Continue reading →

Posted in Tax Evasion | Tagged | 2 Comments

Semenza Gets 18 Months

Posted on January 16, 2015 by Russ

Last year I wrote about Lawrence Semenza. Mr. Semenza with the US Attorney for Nevada back in the 1970s. He was the youngest US Attorney at that time and has had a long and successful career since as a defense … Continue reading →

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If You Do Government Work, It Pays to Treat the Government Well

Posted on January 15, 2015 by Russ

Your salary is taxable, of course. What about your bonus? Of course, that’s taxable. One business owner in Texas thought that wasn’t the case. Robert Earl Carter is the owner and Chief Executive Officer of Enterprise Advisory Services Inc. From … Continue reading →

Posted in Tax Evasion | 1 Comment

Tuition for Children Is Not a Business Expense

Posted on January 9, 2015 by Russ

But we already knew that, right? Nor are home improvements are your home itself. A Florida doctor learned that the hard way. Dr. Krishna Tripuraneni pleaded guilty this week to evading tax on $18,128,066 million of income. Dr. Tripuraneni provided … Continue reading →

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Varagiannis Gets 15 Months for Tax Evasion

Posted on January 6, 2015 by Russ

Manny Varagiannis received 15 months at ClubFed for tax evasion. Mr. Varagiannis was arrested back in 2012 on a count of structuring, but pleaded guilty in April to not paying $230,651 in taxes. He must also make restitution. The charges … Continue reading →

Posted in Las Vegas, Tax Evasion | Tagged | 1 Comment

Perhaps She’ll Cover the Guilty Plea in the Second Edition

Posted on November 2, 2014 by Russ

Perhaps we should have known this was going to happen. Her book, The Prosperity Principles: Secrets to Developing and Maintaining Generational Wealth, notes that business should be run, “…where everything you can do can be deducted from your reportable income … Continue reading →

Posted in Arizona, Tax Evasion | 1 Comment

Copying Steven Martinez’s Idea Is Not a Good Choice

Posted on October 19, 2014 by Russ

I’m on the road this weekend, but a story from the San Francisco Bay Area caught my eye. Charles Waldo was already in jail. He was arrested on a 50-count indictment for insurance fraud, tax evasion, felony vandalism, and a … Continue reading →

Posted in California, Tax Evasion | Tagged | 2 Comments