The New York State Department of Taxation & Finance’s ongoing campaign against paid tax preparers who commit crimes and cost the state and federal government millions of dollars in sales tax and income tax revenue has achieved another conviction. Case in point: A Bronx tax preparer who orchestrated a scheme to create 7 million dollars …
Massive Sales Tax Fraud by New York Tax Preparer Read More »
Sales tax cheaters in New York continue to face criminal prosecution from the combined efforts of the New York State Department of Taxation and Finance and prosecutors offices statewide. The usual scenario is a restaurant or bar that charges sales tax to customers, collects the sales tax, but fails to pay over these taxes to …
Does your business owe taxes to New York State? Have you not filed your tax returns for at least one year? If the answer to either of these questions is yes, you may be eligible to participate in the New York voluntary tax disclosure program and avoid criminal prosecution and significant penalties. For many years, …
We represent taxpayers in disputes with the IRS and with New York State in addition to representing the seriously injured. Clients will ask us about what is and what isn’t taxable. One of the most important items of non-taxable income for our clients comes from damage awards for bodily injury claims. If we settle your …
Tax crime prosecution statistics obtained by a Syracuse University research group confirm what attorneys and tax professionals have suspected. The number of criminal tax prosecutions by the Justice Department has markedly increased under the Obama administration as compared to the Bush administration. According to TRAC: “During the Obama administration, the number of criminal prosecutions referred …
FATCA Strikes Again. Taxpayers who sought to hide their money overseas lost six more safe havens in the past week as the U.S. Treasury Department signed anti-tax evasion pacts with Bermuda, Malta, the Netherlands and three UK Crown Dependencies: Jersey, Guernsey and the Isle of Man. There are now agreements with 18 foreign jurisdictions to …
