Question: Should I file my taxes if I can’t pay?
Answer: Yes! This is a question that that I’m always asked around tax season and the tax extension deadlines. Putting aside that it is a misdemeanor to fail to file a tax return and a felony for the...
View ArticleCivil Fraud Penalty
When filing a joint return, each spouse is on the hook for the full amount of the tax, penalties, and interest arising out of their joint return regardless of the amount of their separate taxable...
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Beanie Sigel Rapper Sentenced to 2 Years for Tax Evasion
Philadelphia rapper Beanie Sigel, born Dwight Grant, was sentenced to two years in federal prison stemming from charges that he failed to file income tax returns. The rapper began serving his sentence...
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Dolce and Gabbana to go on Trial for Tax Evasion
In December, co-founders of the famous high fashion label Dolce & Gabbana will go on trial for tax evasion in their native Italy. Domenico Dolce and Stefano Gabbana are accused of selling their...
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Fat Joe Convicted of Tax Evasion in Newark, New Jersey
New Jersey-based rapper Fat Joe pleaded guilty yesterday to criminal charges for failing to file his federal income tax returns for 2007 and 2008. Joseph Antonio Cartagena, better known as Fat Joe,...
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Tax Headaches for Mary J. Blige
Unless there are dramatic drug or crime problems, no one capable of running a successful singing career fails to pay their taxes simply because they forgot. There has to be another reason. Mary J....
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The IRS is Closed… Now What?
Because Congress failed to approve a 2014 federal budget, the IRS has curtailed its operations. If you have a question, do not bother contacting the IRS. The IRS website states that no customer...
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Owe New Jersey Back Taxes? The NJ Division of Taxation Offers a Way to...
The New Jersey Division of Taxation has offered businesses and individuals a way to resolve back taxes from 2005 through 2013 at a reduced cost. The details of the plan are as follows: Most of the...
View ArticleIf you Owe Back Taxes, You May Have to Change Your Travel Plans
President Obama signed a highway and transportation spending bill titled “Fixing America’s Surface Transportation Act” or the “FAST Act” (P.L. 114-94) which takes effect January 1, 2016. The...
View ArticlePassport Delinquent Taxes: What You Need to Know
Passport denial for Delinquent Taxes Are you eagerly planning a trip abroad? Imagine the frustration of having your passport application denied due to outstanding tax debt. This scenario has become a...
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