Tax Law

A father and son have been indicted for failing to pay over $1 million in sales taxes between 2011 and 2014 for the three Nassau County BP gas stations they own. They both could serve years in prison. This isn’t…

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…

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…

When people hear the terms “tax evasion” or “tax fraud,” they often think of large corporations or extremely wealthy individuals who fail to pay the taxes they owe. However, anyone can be potentially be accused of tax evasion by the…

When people file for Chapter 7 bankruptcy, the court sells off their nonessential assets in order to repay their creditors. Secured creditors generally receive top priority. Unsecured creditors are less likely to receive any of the proceeds from the sale…

The Internal Revenue Service (IRS) is holding foreign financial account holders responsible for not reporting their accounts. Those who need to report accounts are encouraged to do so proactively. A failure to properly report can lead to both civil and…

People neglect to file tax returns for a number of reasons, including but not limited to a lack of money or time, anti-government feelings, medical issues, and business problems. While you may have a very good reason for not filing,…