Levins Tax Law
Schedule your initial consultation:
866-485-7019

Tax Evasion Archives

Chicago politician charged for tax evasion

A Chicago politician has been charged with tax evasion after being accused of diverting in excess of $225,000 from campaign coffers to pay for gambling and other personal expenses. The former police officer who is now a politician pleaded not guilty to four tax crimes. Each crime carries a potential prison sentence of three years. He is also charged with taking $68,000 of campaign money in order to increase the amount of his pension. The trial carries many similarities to the Rod Blagojevich trial, which led to a 14-year prison sentence for the former governor. The judge is the same, and many of the attorneys on each side are the same attorneys as the former trial.

Tax evasion conviction for real estate seminar instructor

A man who conducted seminars in the United States and Canada regarding commercial real estate investment has been convicted of multiple counts of tax evasion. According to tax department officials, the man failed to file income tax returns between the years of 2001 and 2007. The man's income for the period of time was reportedly $3.6 million and resulted in approximately $213,000 in unpaid taxes. In addition to his seminar work, he also worked for the Trump Organization as an independent contractor. The man pleaded guilty to five charges, which are classified as class E felonies. His jury trial was scheduled just a few days later at the time of the plea. After the government began its investigation, the man filed the delinquent tax returns. He faces a potential maximum sentence of four years for each charge.

Foreign bank accounts to be more transparent under new law

A new banking law known as the Foreign Account Tax Compliance act, or FACTA, is set to bring closer scrutiny on people in Massachusetts and elsewhere around the country who have significant assets with financial institutions outside the U.S. The law could serve to ensnare more people with tax evasion charges.

Amesbury man charged with multiple counts of tax evasion

A man who is charged with 22 counts of tax evasion over a period of six years is the president and treasurer of a landscaping company in Amesbury, Massachusetts. He has held his position with the company since 1997. The state attorney general has accused the man of failing to pay over $445,000 in employer contributions that the business was legally bound to pay. This amount includes interest and amounts due to the unemployment trust fund. The nonpayment of taxes allegedly occurred between October 2006 and January of this year. The workers were being paid, and the business was operating at the time, signifying the business owner's legal responsibility to pay employer contributions to the government. Workers who were no longer employed by the company collected more than $595,000 in unemployment wages in spite of the company's failure to pay in the required $445,000 in contributions.

Dartmouth resident receives federal tax evasion sentence

A man from Dartmouth, Massachusetts, was recently sentenced after his tax evasion conviction. He received a sentence for two years and a $50,000 fine and over $300,000 in restitution, payable to the Internal Revenue Service. According to court documents, the man and his girlfriend defrauded the country by avoiding tax assessments and the collection of income taxes for three years. He did not file any tax returns or pay the taxes that he owed for these years. He had acquired a number of real estate units and received rental income for most of these properties, some of which were commercial properties. He also received capital gains on some investments. For the three years that he did not pay income taxes, he made between $264,000 and $485,000.

Throw away passport or throw away investments?

The restrictions on investment products available to Americans make it difficult to invest in markets outside of the U.S. So much so, that it's causing some Americans to renounce their citizenship. Nearly 2,000 gave up their U.S. passports in 2011, compared with only 235 just three years ago.

Malden chiropractic clinic fronted tax evasion scam

A man who ran a Malden chiropractic clinic was charged in federal court on multiple counts of impeding the Internal Revenue Service and tax evasion. The investigation into the clinic was organized and announced by the U.S. attorney's economic crimes unit and the Boston IRS criminal investigation field division.

Boston IRS Nabs Contractor in Tax Evasion Case

A Rhode Island general contractor pled guilty to two counts of tax evasion and eight counts of wire fraud earlier this week, following an investigation by agents from the FBI Boston Field Office and the Boston office of the IRS's criminal investigation division.

Guilty plea in tax evasion case lands doctor in home confinement

There may be times when Boston residents make mistakes. This can be especially true when it comes to the complexities of tax law and alleged tax evasion issues. One Massachusetts pediatrician may know first-hand how serious these types of charges can be, as he was recently sentenced in federal court for several counts of tax evasion and failing to file tax returns.On Nov. 29, a U.S. District Judge sentenced the doctor to nine months of home confinement with electronic bracelet monitoring. The man was also fined $20,000. The nine months of home confinement will be part of a five-year period of supervised release, during which time the doctor is required to cooperate with the Internal Revenue Service in paying his outstanding tax obligation.

Email Us For a Response

Resolve Your Tax Problems

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Framingham Office
1671 Worcester Road
Suite 304
Framingham, MA 01701

Framingham Tax Law Office

Boston Office
38 Newbury Street
6th Floor
Boston, MA 02116

Boston Tax Law Office

By Appointment Only