A district court has determined on summary judgment in LOWERY v. U.S. that a return preparer who owned a tax preparation business was not liable for Code Sec. 6694 penalties with respect to returns that he didn't sign or help prepare. The court found that IRS failed to show that the preparer had any involvement with…
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Panama has Commenced Automatic Exchange of Information
Panama has commenced its automatic exchanges of information in order to meet OECD global standards, the government has announced. The country will be exchanging information with 33 countries. Panama’s CFO, David Hidalgo, Said That It Was Important for the Country to ‘Respect These Standards and Our Commitments so As Not to Be on a Black…
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TV Star Michael “The Situation” Sorrentino Get Prison For Tax Evasion
We previously posted on January 18, 2018, TV Star Michael "The Situation" Sorrentino Pled Guilty in $8.9 Million Tax Case, where we discussed that “Jersey Shore” star Michael “The Situation” Sorrentino and his brother Marc Sorrentino have agreed to plead guilty in their criminal case over tax-related charges instead of going to trial, according to a government…
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Mental Health Service Provider Plead Guilty (Not Insanity) for Failure to Pay Employment Taxes
A Raleigh, North Carolina, man pleaded guilty today to one count of willful failure to pay over employment taxes to the Internal Revenue Service (IRS). According to court documents, from 2010 to 2013, Sainte Deon Robinson failed to pay over federal income, Social Security, and Medicare taxes withheld from the wages paid to employees…
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