January 3, 2013
NY man receives 18 month sentence for filing false tax return
Potsdam, NY, resident Timothy M. Schmidt plead guilty to signing and filing a false federal income tax return.
January 2, 2013
Blackbaud Index shows charitable giving up 1.7% in November and online giving up 13.3%
Online giving is leading the way for charitable donations, according to the latest findings by the Blackbaud Index.
January 2, 2013
Road Runner: U.S. goes over fiscal cliff, spins feet, goes back to solid ground
After failing to reach a fiscal agreement and "stepping over the cliff," lawmakers figuratively spun their feet in the air, then turned back and found solid ground by reaching agreement that will prevent the otherwise automatic tax increases that would have hit all Americans. Those taxes would have resulted from the automatic expiration of the…
December 31, 2012
Las Vegas man barred from preparing tax returns for others
Man is accused of various violations at his tax practice, including preparing false tax-return forms with fabricated businesses and income, selling deceptive loan products, preparing false W-2 forms and filing tax returns without customer consent or authorization.
December 28, 2012
Las Vegas real estate agent gets 5 years in mortgage fraud scheme
A Las Vegas real estate agent who took part in a mortgage fraud scheme that netted more than $10 million in fraudulent home loans was sentenced Wednesday by a federal judge to serve more than five years in prison.
December 27, 2012
Caregiver accused of stealing over $150K from elderly client
A 49-year-old caregiver is facing theft charges for allegedly defrauding her 90-year-old client of more than $150,000.
December 26, 2012
Tech companies’ tax breaks on overseas profits likely to continue
With the "fiscal cliff" looming and the Obama administration desperately searching for new revenue, once-sacred cows -- from the home mortgage interest deduction to Social Security to Medicare -- all have been subjected to scrutiny.
December 26, 2012
Executives at Debt Collection Agency Admit Roles in $10 Million Client, Lender and Investor Fraud Scheme
Randall Silver, 43, of New Hyde Park, N.Y., pleaded guilty on December 13 to one count of conspiracy to commit wire fraud, bank fraud and money laundering, and one count of wire fraud. SILVER was a Vice-President of Finance and Chief Financial Officer at the Oxford Collection Agency, Inc.
December 25, 2012
Former SunTrust vice president sentenced for embezzlement
A former SunTrust Bank Vice President was sentenced to 10 months in federal prison for embezzlement and other related crimes Wednesday.
December 20, 2012
‘First Lady’ of IRS Tax Fraud Indicted, Along with Her Boyfriend
United States Attorney Robert E. O'Neill announces the return by a grand jury of a fifty-seven-count indictment charging Rashia Wilson (27, Wimauma) and Maurice Larry (26, Tampa) with conspiracy and multiple counts of wire fraud, filing false tax returns, theft of government property, and aggravated identity theft. Wilson is charged with one count of conspiracy,…
December 20, 2012
Alabama accountant sentenced to 38 months for embezzling from client
A Montgomery accountant has been sentenced to 38 months in federal prison for embezzling about $440,000 from an elderly client's account, the U.S. Attorney's Office announced Wednesday.
December 19, 2012
Jury convicts businessman, former accountant of tax evasion of $50 million
Once a co-owner of one of the nation's largest precast concrete manufacturers, John Stanton is now facing up to 10 years in federal prison after a federal jury convicted him Monday of federal tax evasion charges.