Rude Office Manager Railroads Boss, Embezzles $650,000 Heads to Prison
Emilee Rueda, the office manager and bookkeeper for Knapp Railroad Services, a Wisconsin based company that provides railroad construction services throughout the midwest, was sentenced to 33 months in prison for wire fraud and tax evasion.
Rueda began working for Knapp in 2013, and from September 2018 to February 2020 used company funds to make personal purchases totaling more than $650,000. She made false entries into the business accounting software in order to hide the transactions.
The stolen funds were used to buy antique jewelry, lifelike dolls, trinkets and other miscellaneous items, with the intention to resell many of the purchases.
Rueda did not claim any of the stolen money on her tax returns and was caught after an employee’s paycheck bounced.
Expat “Doctors” Docs… Fails to Report Income… Sentenced to 41 Months
Peter Tagnini was sentenced to 41 months in prison for evading taxes while he worked in the United Arab Emirates and Qatar between 2013 and 2018.
On his tax returns for 2013 to 2017, Tagnini reported an annual income of approximately $100,000, when in reality he made more than 4.5 million dollars during that time. He did not file a return for 2018. When questioned by the IRS, Tagnini altered his employment contract and payroll documents to make it appear as if his employer was responsible for failing to report his income and pay the taxes.
Tax Preparer Failed to Stay Abreast of IRS Laws
A tax preparer in North Carolina, Tijan Mboob, was sentenced to 24 months in prison for tax fraud.
Mboob prepared, or had his employees prepare, hundreds of tax returns for clients claiming false filing status, education credits, itemized deductions and reforestation credits, among others. His returns reduced his clients’ tax liabilities and increased their refunds by a total of 4.7 million dollars.
He filed all the returns he did as a ‘ghost’ preparer, refusing to identify himself as a paid preparer on his clients’ returns. He then refused to assist clients if they were contacted by the IRS regarding their return.
Mboob did not report any of the fees he earned as a tax preparer on his 2017 and 2020 tax returns, and filed no returns for tax years 2018 and 2019.
In addition to the prison sentence, he faces restitution to the IRS.
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Councilmember’s Kickback Schemes Get him 13 Years Jail Time
Los Angeles City Councilmember Jose Huizar was sentenced to 13 years in prison for accepting bribes and failing to report millions of dollars worth of kickbacks on his tax returns.
Huizar was on the city council from 2005 to 2020, and was the chair of the city’s Planning and Land Use committee, which oversees all major commercial and residential development throughout the city. He used his position to collect nearly two million dollars’ worth of bribes from real estate developers and their proxies.
In exchange for approving multi-million dollar developments throughout the city, the councilmember received cash, casino gambling chips, prostitution services, flights on private jets, stays at luxury hotels and casinos, tickets to concerts and sporting events, expensive meals and political contributions.
In 2018 Huizar was threatened with a sexual harassment lawsuit that he settled confidentially for $600,000. The money for the settlement came from a foreign shell company controlled by a developer. Huizar also laundered money through his mother and brother. Among the evidence presented at trial, prosecutors shared a video that showed $200,000 in cash stuffed inside a Johnny Walker blue label whisky box and the same amount stuffed inside a Don Julio tequila box.
Huizar failed to report any of the money or ‘gifts’ on his tax returns. In addition to the prison sentence he was ordered to pay $443,905 in restitution to the City of Los Angeles and $38,792 in restitution to the IRS.
Partners in Crime May Soon Be Roommates in a 10x10
The owners of a conveyor belt systems company pleaded guilty to conspiracy to defraud the United States after they underpaid their personal and company taxes by over a million dollars.
Daniel Stewart and Luke Burroughs used company funds for a variety of personal expenses, including remodeling a home, building horse stables and installing a swimming pool.
The men also participated in a scheme to launder money by providing company checks to several individuals in exchange for cash. They were ultimately caught after an undercover agent met with Stewart multiple times to exchange cash he claimed came from interstate marijuana sales. One of the sting operation transactions was for $150,000 in cash that the company provided a check for, disguised as the purchase of supplies, complete with a fake invoice.
The men underpaid their personal and company taxes by $1.099,327 and each face up to five years in prison.
Question: I’ve heard that the IRS can’t collect on back taxes that are over 10 years old. Is that true, even if I haven’t filed in a few years?
Answer: It depends. The IRS is barred, by law, from collecting on a tax debt that’s 10 years or older from date of assessment. It’s called the 10-year Collection Statute Expiration Date or CSED.However, this 10-year clock starts with the filing of a tax return with the IRS. So, if you haven’t filed in a few years the IRS still has 10-years to collect from you from the date you file your old returns.Even if you did file years ago the IRS can extend the 10-year CSED if you filed for bankruptcy, submitted an offer in compromise or appealed certain decisions.
Now, there are strategic ways that a tax resolution specialist can resolve your debt using the CSED to your advantage. This can take the form of a partial pay installment agreement or a currently not-collectible status. If you have an outstanding debt owed to the IRS (or state taxing agency) call us to find out what options are available to resolve the issue once and for all.
We at IRS RESO are experts in IRS tax problem resolution and help taxpayers with their IRS Problems every day. We know the “ins and outs” and know how to navigate the IRS maze. There is a solution to EVERY problem.
Call us today 13108574438
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