Penalties
Eight Facts on Late Filing and Late Payment Penalties
April 15 is the annual deadline for most people to file their federal income tax return and pay any taxes they owe. By law, the IRS may assess penalties to taxpayers for both failing to file a tax return and … read more
Income Tax Deadbeats of the Rich and Famous
Are you like me and enjoy hearing stories of the income tax problems of the Rich & Famous? My enjoyment comes from knowing no matter who you are or how much you make; a celebrity still has to pay their … read more
Celebrity Tax Issues
What is it about fabulously wealthy celebrities and their tax scandals? Is it that their advisers are reckless? Or, are rich celebrities seeking out advisers who are aggressive and willing to play fast and loose with tax law and their client’s … read more
Antrel Rolle vs. the IRS
No offense to Adrian Wilson, but my favorite Arizona Cardinal defensive player the last few years was Antrel Rolle. I fell in love with him (NFL speaking) in 2007 during the Bengal game when he had 3 interceptions for touchdowns. … read more
The September 23rd Deadline – Time is Running Out
Do you have a signature authority on a foreign bank account? Do you have a direct or indirect interest in a foreign bank account? If you answered yes to either of these questions, but have not disclosed your foreign bank … read more