With a more or less self-governing tax system, there are always going to be opportunities for fraud. New deductions and expenses create an environment that can make cheating tempting – and the new first-time homebuyer’s credit is no exception. However, the Internal Revenue Service (IRS) is warning taxpayers that they are serious about investigating and…
He was the “expert in civil rights legislation” (according to his own web site who was convicted of federal tax evasion, money laundering and bankruptcy fraud charges. Yagman’s hearing for sentencing was earlier this week. He has asked the court to spare him jail time based on his health and the potential for personal harm…
Are good works enough to mitigate jail time? Is a nice resume an excuse to skip prison? Probably not. The 3rd U.S. Circuit Court of Appeals has ruled, in United States v. Tomko, that a sentence given to William Tomko which did not include prison time was not appropriate considering his crime. The case illustrates…
September 11, 2001, has been linked to a number of criminal activities and now we can add tax fraud to the list. The Internal Revenue Service has announced that Robert Coplan, a former IRS lawyer, and Martin Nissenbaum, Richard Shapiro, and Brian Vaughn, partners in the accounting firm of Ernst & Young, have been charged…