by TaxResolution360 | Jun 26, 2024 | Consequences
The owner of an oil and gas leasing business in Mississippi, was sentenced to 30 months in prison for filing false corporate tax returns. The business owner refused to pay taxes on three million dollars earned through the business in 2008, so he and his tax preparer...
by TaxResolution360 | Jun 26, 2024 | Consequences
The owner of a company that provided administrative services to nursing homes and other health care facilities, pleaded guilty for failure to pay over 10 million dollars in payroll taxes. Of the facilities this company owner provided services for, 20 were co-owned by...
by TaxResolution360 | Jun 26, 2024 | Consequences
The general manager of an RV Resort near Myrtle Beach, pleaded guilty to wire fraud and filing a false tax return. From November 2020 to December 2021, this general manager issued $828,516 in refunds through the company’s credit card reservation system that were...
by TaxResolution360 | Jun 26, 2024 | Your IRS Questions
There are several types of Installment Agreements. One of them, is called the “Partial Pay Installment Agreement” (PPIA) where it’s possible to settle your outstanding balance with the IRS for less than what’s owed. It’s based on your monthly disposable income and...
by TaxResolution360 | Jun 26, 2024 | Your IRS Questions
An Offer in Compromise is a legal binding agreement between the taxpayer and the IRS that settles the full amount owed. Many times, for a FRACTION of what’s owed. It’s the IRS’s version of a “fresh start” when it comes to IRS debt. If approved, the...
