While much of the conversation concerning football over the last 48 hours has been dedicated almost exclusively to the National Football League draft, it's important not to overlook other very interesting football-related stories, including one involving a former star...
Tax Evasion
Yes, tax matters can get murky: tax avoidance versus evasion
We will simply posit that most -- if not all -- of our readers in Florida and elsewhere are reasonable and reflective people.We pose the following two questions to all of you.Do you think it's possible for a well-intentioned person striving for accuracy to commit a...
Continued: What is tax evasion, and what are the penalties for it?
Our immediately preceding blog post raised some initial issues concerning tax evasion (please see our February 5 entry), which we elaborate on a bit more in today's post.A fundamental point regarding the purposeful underpayment of taxes, as noted in a media primer on...
What is tax evasion, and what are the penalties for it?
For our readers in Florida and elsewhere who love acronyms, here's one that's been a front-page media mainstay the past couple years: FATCA.Fleshed out, that stands for the Foreign Account Tax Compliance Act. If you don't have any money invested in banks or other...
Can I be convicted of tax crimes for illegal gambling?
To truly understand this question, one must first understand the definition of tax evasion. The Internal Revenue Service is the primary federal agency tasked with enforcing tax crimes. Generally, taxpayers attempting to evade paying income taxes, either in an...
Understanding tax evasion and the possible penalties
Tax evasion is a federal crime that can encompass both legal and illegal activities. According to the Internal Revenue Service, any person who attempts to defeat or evade any tax by the federal government may face penalties of up to five years in jail, a fine of up to...
Tax crimes added to former Miami bureaucrat’s legal woes
On Sept. 12, a former high-level Miami-Dade county bureaucrat pleaded guilty for his role in a scheme to defraud taxpayers of millions of dollars. As part of his plea settlement, the 52-year-old Coral Gables, Florida, man will serve at least four years in prison and...
Company, owners facing tax crime allegations after property buy
An out-of-state company that purchased holdings in Manatee County, Florida, is now under fire for federal violations including securities fraud. The Arizona company, known as Cannabis-Rx, bought land with the intent to build a licensed marijuana facility. However, it...
Florida man facing up to 8 years for tax evasion
On Aug. 19, a Florida man admitted his guilt in a tax conspiracy scheme to hide at least $1.1 million from the Internal Revenue Service in secret overseas accounts for over 25 years. The 83-year-old Delray Beach, Florida, resident pleaded guilty in a Manhattan...
Basic information about taxpayer rights and tax crimes
Due to the volume of international business conducted in Miami, it seems like you hear about tax evasion, tax fraud or some conspiracy to violate tax laws nearly every day. Perhaps you or someone you know is currently experiencing problems with the Internal Revenue...
In The Media:
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