Becoming the subject of an IRS audit is not common, but there are certain things that may lead the tax collection agency to take a closer look at your tax returns through an audit. Also, in some situations, the IRS may audit you completely at random, and not because...
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Month: November 2021
Can I go to jail for not paying my taxes?
Taxes are an unfortunate but inevitable part of life. If you earn an income, you most like have to file a return and pay taxes on your earnings. When life gets hectic, problems can arise with your tax returns or your ability to meet your tax obligations. Here is what...
Bank fraud and money laundering allegations
Business owners applying for loans may face bank fraud allegations. Prosecutors may claim falsified documents helped enable a loan approval. According to the Department of Justice, providing false statements that influence a lending decision may classify as unlawful...