Category Archives: Tax Fraud

Red, White, and Blue Fraud for the Fourth

Posted on July 5, 2009 by Russ

I enjoyed the local fireworks show last night. The individuals mentioned below are involved in their own legal fireworks relating to tax evasion. First, if you really want to get into tax trouble, simply don’t remit your trust fund taxes … Continue reading →

Posted in Tax Evasion, Tax Fraud | Comments Off on Red, White, and Blue Fraud for the Fourth

On the Other Hand….

Posted on June 21, 2009 by Russ

Earlier today I posted my mixed opinion on regulating tax professionals. Joe Kristan has noted there are plenty of laws already on the books that tax preparers must comply with. But the Bozos are out there. Take Georgia Gaines of … Continue reading →

Posted in Tax Fraud | Comments Off on On the Other Hand….

ClubFed Is In Their Future

Posted on May 28, 2009 by Russ

Two corporate tax fraud stories crossed the wires today. In one case the participant will spend over 20 years at ClubFed; the other will almost certainly spend significant time there too. Frank Amadeo bragged that one day he’ll rule the … Continue reading →

Posted in Tax Fraud | Comments Off on ClubFed Is In Their Future

Lies in Sin City

Posted on May 21, 2009 by Russ

I’ve covered Bozo tax preparers before, but since I’m in Las Vegas (to attend the annual CSEA SuperSeminar for continuing education) I’ll look at a resident of Sin City. Caroline Reyes operated Carol’s Tax Service (also called Central Tax Service). … Continue reading →

Posted in Tax Fraud | Comments Off on Lies in Sin City

Sweet for Me, But Not for You

Posted on May 14, 2009 by Russ

With a name like Sweeties you can probably guess what the business was in. If the government is correct, your first instinct would be right. The Department of Justice is accusing Douglas Ketcher and Christina Wypych of Oakland Park, Florida … Continue reading →

Posted in Payroll Taxes, Tax Fraud | 1 Comment

Jimenez Gets Three Years

Posted on May 10, 2009 by Russ

Earlier this year I reported on Thomas Jimenez. Mr. Jimenez, of Plantation, Florida, created a company, and then generated a $2.8 million capital gain in the stock of that company. Unfortunately, he forgot to report that gain on his tax … Continue reading →

Posted in Tax Fraud | Comments Off on Jimenez Gets Three Years

2007 Tax Offender of the Year to be Released on Sunday

Posted on May 5, 2009 by Russ

Gene Haas won the coveted Tax Offender of the Year award for 2007. As I’ve detailed Mr. Haas lost a patent lawsuit and decided to get back at the government by committing tax fraud. He was sentenced to 24 months … Continue reading →

Posted in Tax Fraud | Comments Off on 2007 Tax Offender of the Year to be Released on Sunday

A “Free Service” I Hope You Didn’t Utilize

Posted on May 3, 2009 by Russ

Maxim Maltsev allegedly had an interesting means of making money. The Russian citizen is accused of setting up a free online tax preparation service in San Diego. He supposedly advertised that it was affiliated with the IRS. That doesn’t sound … Continue reading →

Posted in Tax Fraud | Comments Off on A “Free Service” I Hope You Didn’t Utilize

Methods Gauranteed to Get You in Trouble

Posted on April 26, 2009 by Russ

Below I present a trifecta of guaranteed methods to get you in very deep trouble with the IRS and your state tax agency. If you follow one of these methods you will likely find yourself on your way to ClubFed. … Continue reading →

Posted in Payroll Taxes, Tax Fraud | Comments Off on Methods Gauranteed to Get You in Trouble

Not Pressed for Time Any More

Posted on March 22, 2009 by Russ

We’ve got some lowlights from the tax fraud world. A dentist and a doctor from West Virginia are in trouble. And we’ll take a look at what could happen if your 1031 Exchange uses a dishonest Qualified Intermediary. First, let’s … Continue reading →

Posted in Tax Evasion, Tax Fraud | 1 Comment