Category Archives: Tax Fraud

“Tax Guys” Get Taxing Result

Posted on December 19, 2012 by Russ

Sometimes you get a better result (tax-wise) if your income is higher. That’s because of refundable credits like the Earned Income Credit. Now, I can’t change a client’s income so that they will qualify for a credit; your income is … Continue reading →

Posted in Tax Fraud | Comments Off on “Tax Guys” Get Taxing Result

Ref Fouls Out

Posted on December 12, 2012 by Russ

Last year I reported on the rather brazen scheme of some referees at New York’s Chelsea Piers. Instead of reporting their $40 income per game, they decided to commit identity theft and use false names for reporting their income. This … Continue reading →

Posted in New York, Tax Fraud | 1 Comment

Why Rob Banks?

Posted on December 7, 2012 by Russ

Question: “Why do you rob banks, Mr. Sutton?” Answer: “Because that’s where the money is.” It’s debatable whether or not legendary bank robber Willie Sutton ever said that. However, the idea of only robbing something that has money is a … Continue reading →

Posted in IRS, Tax Fraud | Tagged | 2 Comments

If It’s In Cash It Doesn’t Count, Right?

Posted on November 11, 2012 by Russ

Three owners of a charter bus company in San Jose, California apparently had the idea that if it’s in cash, it’s not income. As readers of this blog know, that’s definitely not the case. This likely won’t turn out well … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Bennett Gets 15 Months

Posted on October 28, 2012 by Russ

Michael Bennett, a former NFL player with the Minnesota Vikings and Oakland Raiders, received 15 months at ClubFed last week. Mr. Bennett got involved with a fraud scheme that was tangential to an identity theft/tax refund scheme. Mr. Bennett went … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

208 Chances to Commit Tax Evasion and Other Stories

Posted on September 30, 2012 by Russ

There are good schemes and bad schemes. Today, I’m focusing on the particularly stupid. From McClellandtown, Pennsylvania comes the story of Sherman Friend. Mr. Friend just knew that the number “1127” would come up in the lottery. He bought 208 … Continue reading →

Posted in Tax Evasion, Tax Fraud | 1 Comment

Joseph Pleads Guilty

Posted on September 3, 2012 by Russ

Back in May I wrote about William Joseph, the former NFL player caught in an identity theft ring that was broken through an FBI sting. Mr. Joseph pleaded guilty last week to tax fraud. Mr. Joseph’s attorney, Roderick Vereen, told … Continue reading →

Posted in Tax Fraud | Tagged | 1 Comment

Not Only Were the Employees Outsourced, The Taxes Went Away, Too

Posted on August 21, 2012 by Russ

From San Antonio comes word of a company that allegedly took care of small businesses’ taxes in a way that’s, well, arresting. John Bean apparently owned a professional employer organization named “Synergy Personnel.” Most PEOs become the actual employer and, … Continue reading →

Posted in Tax Fraud | 1 Comment

Two Sets of Books Aren’t Better than One

Posted on July 22, 2012 by Russ

I’ve found that the one set of books I keep is plenty. Why would I want (or need) a second set of records showing my income and expenses? Of course, I don’t have a Bozo mind, and I don’t think … Continue reading →

Posted in Tax Fraud | 1 Comment

Charging Money for Canadians to Commit US Tax Fraud Doesn’t Work Well

Posted on June 24, 2012 by Russ

Have I got a deal for you! Did you know that even if you have never submitted a tax return in the US that you can get a refund? Yes, thanks to the magical (and mythical) bank account sitting at … Continue reading →

Posted in Tax Fraud | 1 Comment