Archive for August, 2009
UBS and the IRS’ Voluntary Disclosure Program
Posted on17. Aug, 2009 by Stefani.
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John McCarthy, a California businessman, became the 4th person to be charged in the UBS tax-evasion case. According to the plea agreement, Mr. McCarthy used his UBS account to transfer over $1 million from his California firm. He admitted to not paying at least $200,00 in federal income taxes.
McCarthy was one of about [...]
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The Difference Between Tax Preparers and Tax Professionals
Posted on14. Aug, 2009 by Stefani.
On a trip to Starbucks, in the midst of tax season, I noticed there was a guy basically running his tax preparation business from the coffee shop, fully-equipped with a printer and all! After being overcome with fascination, I decided to go over and chat with him.
During the course of our conversation, I learned [...]
