The Huffington Post James Sunshine, 06/19/11 Last September, Laguna Beach resident Stephen McDow found $110,000 deposited in his bank account, courtesy of the IRS. That same deposit has now landed him in hot water, according to CBS Los Angeles. The IRS mistakenly sent the tax refund money, meant for a 67-year-old woman, to McDow, instead, [...]

Almost 3% of IRS workers caught cheating but some slip through cracks By Andrea Coombes, MarketWatch.com June 21, 2011, 5:35 p.m. EDT SAN FRANCISCO (MarketWatch) — The IRS catches almost 3,000 tax scofflaws in its own ranks each year, but some employees still dodge the system, according to a new Treasury Department report. The Internal [...]

By Jarret Bencks Medford Patch, June 2, 2011 The bright orange seized sign on the front door of Il Faro restaurant has been taken down, but the Medford Square restaurant is still in hot water with the state’s Department of Revenue. The seizure on the business was lifted after revenue officials determined nearly all of [...]

By Jarret Bencks Medford Patch, May 18, 2011 A seized Medford Square restaurant charged patrons a meals tax but didn’t pay what they collected to the state, a Department of Revenue Spokesman said Thursday. Il Faro, an Italian eatery located at 21 Main St., was seized by the Department of Revenue last week because it [...]

By Lindsay Carlton Published March 21, 2011|FoxNews.com March 26, 2010: Al Pacino poses for a portrait in Beverly Hills, Calif. Despite their high-priced tax attorneys and mega-millions, big stars can find themselves in big trouble come tax time. Take Hollywood director Martin Scorsese. He was recently nailed with a $2.85 million bill for unpaid taxes. [...]

Chicago (January 21, 2011) By Michael Cohn accountingtoday.com Oprah Winfrey told Piers Morgan that the most difficult check she has to write each year is for the Internal Revenue Service, and she usually needs some tequila from her accountants when she signs it. Winfrey admitted to Morgan during the debut episode Monday evening of the [...]

Just last month, the Federal Trade Commission shut down American Tax Relief, a Beverly Hills, California-based company that guaranteed it could settle tax debts for individuals for a fraction of what they owed. The state of California recently filed suit against Roni Deutch, AKA the “Tax Lady”, for a deceptive ad campaign that offers very [...]

The simple answer as to why Wesley Snipes will soon begin serving a three-year sentence for tax evasion is that he didn’t file his tax returns for 1999 through 2004 and also tried to get a $7 million refund in 2006 on returns filed before he stopped filing in 1999. The broader answer is that [...]

By April 15, 2010, 84 percent of Americans filed their tax returns on time. That means 16 percent didn’t. That omission translates to a figure somewhere near $345 billion in taxes owed to the U.S. Treasury Department. With a budget deficit in the trillions and rising, the IRS is expected to increase its audits of [...]