A 57-year-old New York pharmacist is facing over three-and-a-half years in prison for tax and health care fraud. The New City man ran pharmacies in the Bronx, Queens and Rockland. Additionally, he was ordered to pay $2.7 million in restitution to the Medicaid and...
Month: September 2016
Get your documentation in order before consulting an attorney
Often when people seek the advice of a bankruptcy attorney, they don't really know where to begin describing their situation. They just know that their debt has gotten out of control. However, if you're considering contacting an attorney, you can make the most of that...
Doing business abroad? Three tax tips for entrepreneurs.
Doing business abroad can be beneficial, but entrepreneurs that are considering expanding abroad or who currently do so should be aware of tax implications. The Internal Revenue Service (IRS) has increased efforts to find and prosecute those who use foreign markets as...
What are some of the biggest tax changes for 2016?
Many people who violate tax laws don't do so intentionally. They may not be aware of current laws. After all, the Internal Revenue Service makes changes every year. This year is no exception. Lawmakers have until the end of the year to decide whether certain tax...
What does a bankruptcy trustee do?
Filing for personal bankruptcy can feel like a daunting endeavor. You'll be introduced to a world of regulations and terms with which you're likely not familiar. One term that you'll hear a lot is "trustee." Most people associate that with estate planning; however,...