article thumbnail

Feds Cracking Down on Unlawful Tax Return Preparers

CPA Practice

The Justice Department is advising taxpayers to choose their return preparers wisely as the April 15 federal tax filing deadline approaches. Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.

article thumbnail

Florida Tax Preparer Gets Prison for False Returns and Online Romance Scam

CPA Practice

A Florida woman was sentenced on Jan. 23, 2024, to two years in prison for a scheme to file false tax returns, and to two years in prison for an unrelated online romance scam. which provided tax preparation and bookkeeping services. Between 2017 and 2019, Coates prepared and filed 35 such returns. Attorney Kevin C.

Florida 109
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Half a dozen ways to mismanage sales tax | TaxConnex

TaxConnex

Yet often we see differences between a client’s billing system and their tax reporting. You could be billing taxes within your billing system and yet haven’t filed a single sales tax return and haven’t tracked the tax data to be aware of a future filing obligation. Tax types and nexus pose other wrinkles.

Sales 264
article thumbnail

Recent Cases Show You Shouldn't Mess with Sales Tax Obligations

TaxConnex

The company has paid nearly $69,000 in restitution for sales tax it collected and failed to pay to state coffers between June 2011 and December 2015. The case was referred to investigators after an auditor found that the business hadn’t filed quarterly sales tax returns or remitted sales tax collected for that period.

Sales 240
article thumbnail

What to know about responsible party laws

TaxConnex

That’s personally responsible, as many states’ sales tax registration forms ask for Social Security or driver’s license numbers (or both) of at least one corporate officer or executive. Owners’ individual tax returns have occasionally been compared to those of the company for evidence of “material involvement” in the business.

Wisconsin 246
article thumbnail

Florida Fisherman Pleads Guilty to Evading $400K in Taxes

CPA Practice

A Florida man pleaded guilty yesterday to evading taxes on income he earned from commercial fishing in Massachusetts. Despite earning substantial income working as a fisherman, Garraty did not file until 2012 any federal income tax returns for tax years 2002 through 2011.

Florida 98
article thumbnail

IRS to Try Out Its Free E-Filing Tax Return Program in 13 States Next Year

CPA Practice

According to the IRS, Arizona, California, Massachusetts, and New York have decided to work with the agency to integrate their state taxes into the Direct File pilot program for the 2024 filing season. In addition, the state of Washington agreed to join the integration effort for its application of the Working Families Tax Credit.