Tuesday, July 30, 2013

Woman who boasted she was the 'Queen of IRS tax fraud' on Facebook gets 21 years in prison after stealing $20 million



Taunt: Rashia Wilson, who boasted on Facebook that she was untouchable, has been jailed for 21 years
This is what bragging on Facebook will get you!
A mother of three, who taunted authorities to catch her as she stole about $20 million from the IRS, has been jailed for 21 years. 

Rashia Wilson, who pleaded guilty to wire fraud and aggravated identity theft earlier this year, admitted to stealing more than $3 million but the figure is believed to be much higher.

Tampa police were first alerted to the fraud in 2010 when they noticed a drop in drug dealing in the area.

As Wilson, who became known as the 'First Lady of tax fraud' was sentenced on Tuesday, she was denied the chance to hug her three children, aged between 2 and 12, good-bye, according to the Tampa Bay Times.

'She knew what she was doing was wrong. She reveled in the fact that it was wrong,' U.S. District Judge James. S. Moody Jr. said.

The 27-year-old, who also pleaded guilty to being a felon in possession of a firearm, had boasted on Facebook that she was untouchable.

'I'm Rashia, the queen of IRS tax fraud,' the post stated. 'I'm a millionaire for the record, so if U think indicting me will B easy it won't, I promise you! U need more than black and white to hold me down N that's to da rat who went N told, as if 1st lady don't have da TPD under her spell. I run Tampa right now.'

A psychologist brought in to testify for the defense argued the Facebook post was a sign of Wilson's bi-polar disorder, which made her liable to brag.

Valerie McClain told the court that 'adolescent bragging' in Facebook posts is consistent with manic-phase behavior. Wilson had bi-polar diagnosed when she was 14.
Wilson's fraud was discovered during a two-year investigation called 'Operation Rain Maker', named in reference to all the money raining down on the suspects' mail boxes, according to ABC News.
 
The multi-agency investigation included Tampa Police Department, IRS-Criminal Investigations, the Secret Service, the U.S. Postal Inspection Service and the Hills­borough County Sheriff's Office.

Those involved in the tax fraud operation used stolen Social Security numbers to file returns, according to the Global Dispatch.

The scam meant that ordinary taxpayers had to wait for up to a year to receive their refunds.

With Online Tax Pros you can electronically file taxes online directly from home using our professional online filing service. When you file through Online Tax Pros you are receiving the industry's highest standards for online taxes security, guaranteed error-free electronic tax filing calculations, and an easy way to prepare your taxes.

Online Tax filing is one of the fastest and most affordable ways to file your income tax return. When you file through Online Tax Pros, there is notification on your account regarding the status of your return within 48 hours. We make it happen for you quickly and easily at an affordable price. You may even qualify to file your taxes online for free.


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Monday, July 29, 2013

News Links for 7-29-13

Lots of tax-related events happened over the weekend. Facebook strikes again, as a woman brags on the popular social media network about her tax fraud. Check out these stories!
Bolt Strikes At Diamond League Games, Says UK Races Hinge On Tax Laws
He only agreed to race in the event because the British government extended the exception, initially extended to Olympic athletes, to allow international athletes to compete tax-free. Otherwise, under the current law, Bolt, like other athletes are ...
 
U.S. Seeks PNC, Wells Fargo, JP Morgan Records To Find Tax Cheats--From ...
In the latest example of how the world's wealthy nations have ramped up cooperation against offshore tax evasion, the U.S. Department of Justice is for the first time using ?John Doe? summonses to ferret out suspected tax cheats from another ...
 
Kuroda Sees Japan Economy Weathering Planned Sales-Tax Rise
Bank of Japan Governor Haruhiko Kuroda indicated little concern that a planned sales-tax rise would derail an economic rebound as Prime Minister Shinzo Abe considers whether to proceed with the move. ?A two-step sales tax increase won't give major ...
 
A New, Dangerous Job in Mogadishu: Tax Collector
The Somali traders in Mogadishu's markets have long faced down Islamist rebels and warlords demanding money. Now they say there is a new predator: the government tax man. Militias extorted cash from civilians during much of the last two decades of ...
 
IRS Employees Union Is 'Very Concerned' About Being Required To Enroll In ...
Former acting Internal Revenue Service (IRS) Commissioner Steve Miller (R) and Treasury Inspector General for Tax Administration, J. Russell George are sworn in before testifying before a full House Ways and Means committee hearing on 'Internal ...
 
Why Should the Internal Revenue Service Be Beyond Reproach?
But under a little-noticed provision of the Internal Revenue Code, citizens who claim that the IRS has made a mistake risk paying a large fine if it turns out that they are wrong. That provision, too, betrays a lack of concern for First Amendment ...
 
Senate Dems propose increasing IRS budget
Senate Democrats on Tuesday proposed increasing the budget of the Internal Revenue Service and other financial agencies next year. The IRS would get $12.07 billion in funding under the Financial Services subcommittee bill reported to the full Senate ...
 
Internal Revenue Service scandal ties to Obama appointee
Internal Revenue Service scandal ties to Obama appointee. Posted: July 23, 2013 - 4:15pm. Advertisement. Does anyone recall when the Internal Revenue Service (IRS) scandal broke? Fingers were pointed at some rebel agents in the Cincinnati office.
 
IRS says woman bragged about tax fraud on Facebook
They provide a glimpse of how criminals have used identity theft and gaps in IRS security measures to file bogus tax returns and collect billions of dollars in fraudulent refunds. The national scandal centered in Tampa has been the focus of ...
 
5 from Passaic charged in $2.5M tax refund scam
Perpetrators of such refund scams typically use Social Security numbers and other personal identifying information obtained from unwitting residents of Puerto Rico because they are not required to pay income tax unless they work for U.S.-based ...
 
7 more Mississippians indicted for stolen identity tax refund fraud
Seven more Mississippians have been indicted on stolen identity tax refund fraud for allegedly filing tax returns with someone else's identity in order to get fraudulent refunds. Stolen identity refund fraud occurs when a person, without permission ...
 
IRS, States Call on IBM, LexisNexis, SAS to Fight Tax Fraud
A Miami law-office employee admitted in February he had accessed his firm's LexisNexis account and stolen thousands of Social Security numbers of prison inmates?prime targets for tax-fraud identity theft because they are unlikely to file returns?and ...
 
Changes to Portland arts tax call for a public vote
The Department of Revenue estimates that the pension exemption will reduce arts tax collections by up to $600,000 for tax year 2012, which equates to more than 17,000 tax filers. On Wednesday, commissioners discussed a range of additional changes...
 
Taiwan Considers Luxury Tax Rule Change to Curb Property Prices
Taiwan (TWGDCONY) is considering changes in luxury tax rules to narrow the gap between property prices and incomes amid slower pace of economic expansion. ?Current rules have flaws, for example, we are unable to tax those deep-pocket investors, who ...
 
Will you save from NC's tax changes?
The tax reform measure state legislators approved last week will change the game for the first time since the 1930s. Beyond affecting your personal income taxes, other tweaks will cap the gas tax, eliminate the North Carolina death tax, and reduce the ...
 
Tax-law changes to squeeze seniors
The changes the budget made in property taxes undo a break implemented by Democrats. For years, the state gave a property-tax break ? the homestead exemption ? to Ohioans at least 65 years old who earned less than $26,200 a year. In 2007, Gov.
 
FratPAC Lobbies Congress For Tax Breaks, To Stop Anti-Hazing Law
Fraternities and sororities have their own lobbying group on Capitol Hill, fighting for tax breaks for frat houses and opposing an anti-hazing measure, Bloomberg News reports. The Fraternity and Sorority Political Action Committee, or FratPAC, spent ...
 
Seminar on tax law Tuesday in Farmington
Seven hours of continual professional education on tax law are being offered by a variety of New Mexico groups for attending a one-day seminar on Tuesday from 8 a.m. to 5 p.m., at San Juan College, Henderson Fine Arts Building, rooms 9008-9010, ...

With Online Tax Pros you can electronically file taxes online directly from home using our professional online filing service. When you file through Online Tax Pros you are receiving the industry's highest standards for online taxes security, guaranteed error-free electronic tax filing calculations, and an easy way to prepare your taxes.

Online Tax filing is one of the fastest and most affordable ways to file your income tax return. When you file through Online Tax Pros, there is notification on your account regarding the status of your return within 48 hours. We make it happen for you quickly and easily at an affordable price. You may even qualify to file your taxes online for free.

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Friday, July 26, 2013

Online Taxes News Links for 7-26-13

Not much is new in the world of taxes. Most of the stories I found were about tax increases and reform. I found one environmental story, and I definitely think you should check it out!
Tax increases divide House Democrats
Democrats' bright line on taxes isn't so bright for some. A sizable bloc of the 16 Democrats on the House Ways and Means Committee is contemplating agreeing to Republican demands that any tax overhaul not include tax increases, bucking their party on ...

Census: State, local government tax collection hits all-time high
Local and state governments are collecting more tax money from individuals and businesses than ever. The U.S. Census Bureau released Wednesday its State and Local Government Finance Summary, examining fiscal 2011 numbers. State and local ...

Dolce & Gabbana Say Tax Woes May Force Them To Close
People walk pass a Dolce & Gabbana shop in downtown Milan on July 19, 2013. Designers Dolce & Gabbana have closed their nine Milan boutiques for three days from Friday out of 'indignation' in a row over their convictions for tax evasion. (Image credit: ...

Thought It's Best Known For NASCAR, North Carolina Takes A Tax Reform ...
What, exactly, does tax reform look like in North Carolina? For starters, it's a 25 percent reduction in the top income tax rate. The new legislation slashes the personal income tax from 7.75 percent to 5.75 percent by 2015. The corporate tax rate will ...
City Leaders Debate Arts Tax Changes
Portland City Council weighed options Wednesday for altering the city's arts tax. Voters last November approved a $35 per household tax supporting arts education and arts organizations. The tax is subject to several legal challenges, but the city's ...

Still plenty of time to seek homestead exemption before property-tax changes
Franklin County residents now have until the end of the year to apply for a homestead tax exemption, before qualifications change under the new state-budget law, the auditor's office said this week. The deadline was extended from June 3 to Dec. 31 to ...

Sales Tax Changes and Taxability Issues Prompt New Industry Tax Gateway on ...
Internet sales tax is a hot topic these days, but unfortunately, sales tax changes and product taxability challenges are not new to most businesses, especially those in industries with particularly complex or rapidly changing sales tax regulations ...
Delinquent tax law interpretation puts Shawnee Co. buyers at risk
Newton resident Heather Wolf purchased a 10-year-old Sea-Doo jet ski from a man in Shawnee County in March 2012. She found out in March of this year that she owes back taxes - in the amount of $635.05 - the previous owner hadn't paid to the county.

Illinois' Hydraulic Fracturing Tax Act
Prior to the Hydraulic Fracturing Tax Act, Illinois was one of the few drilling states not to impose any severance or gross production taxes on the extraction of its minerals. For oil and gas removed on or after July 1, 2013, Illinois imposes a tax ...

With Online Tax Pros you can electronically file your online income taxes directly from home using our professional online filing service. When you file through Online Tax Pros you are receiving the industry's highest standards for online taxes security, guaranteed error-free electronic tax filing calculations, and an easy way to prepare your taxes.

Electronic filing is one of the fastest and most affordable ways to file your income tax return. When you file through Online Tax Pros, there is notification on your account regarding the status of your return within 48 hours. We make it happen for you quickly and easily at an affordable price. You may even qualify to file your online taxes for free.

Please like us on Facebook: http://www.facebook.com/onlinetaxpros

Thursday, July 25, 2013

Online Taxes News Links for 7-25-13


Lots of news in taxes today, if you want your news posted here or you have some tax advice, please send me a message, a comment, or on our twitter account.

Japan Seen Needing $50 Billion to Cushion Sales-Tax Rise
Japanese Prime Minister Shinzo Abe, now sitting on the biggest parliamentary majority in six years, faces the threat of political dissent within months as a planned sales-tax rise threatens to arrest an economic rebound. The world's third-largest ...
 
Louisiana To Offer 'Fresh Start' Tax Amnesty Program
That's how many of my tax compliance clients feel. They never start out to get behind on their taxes. It usually starts with a little delay ? maybe an illness or a personal issue. And then the delay gets bigger. And bigger. And at some point, the ...
 
Fraternities Lobby for Tax Break Without Hazing Penalties
Besides pushing the tax bill, FratPAC, as the Fraternity and Sorority Political Action Committee calls itself on its Twitter page, has helped dissuade U.S. Representative Frederica Wilson from filing federal anti-hazing legislation. Wilson, a Democrat ...
 
Dell Considered Novel Tax Strategy in Buyout
Joshua Lott/ReutersDell rejected a structure that would have deemed the company a partnership for United States tax purposes. In the proposed buyout of Dell by its founder, the company considered but rejected as too risky a novel strategy that tweaks ...
IRS pursuing 'stateless income' tax enforcement: official
... Internal Revenue Service is pursuing tax enforcement cases against companies over the issue of "stateless income," a senior agency official said on Wednesday in a reference to corporate profits that are not taxed by any country. Erik Corwin, an IRS ...
 
Internal Revenue Service scandal ties to Obama appointee
Internal Revenue Service scandal ties to Obama appointee. Posted: July 23, 2013 - 4:15pm. Advertisement. Does anyone recall when the Internal Revenue Service (IRS) scandal broke? Fingers were pointed at some rebel agents in the Cincinnati office.
 
US court blocks Internal Revenue Service's bid to help Indian IT
MUMBAI: The US Internal Revenue Service's (IRS) efforts to help Indian tax authorities uncover fincancial information of a US resident, alleged to have evaded tax in India, have hit a road block. A US district court has recently quashed summons issued ...
 
Courtney Love In the Hole With the IRS, Owes $260K in Back Taxes
The Hole singer reportedly owes the Internal Revenue Service more than $260,000 in unpaid back taxes. According to TMZ, the IRS filed a tax lien against Love on July 11, claiming that America's Sweetheart needs to settle outstanding debts from 2009 and ...
5 from Passaic charged in $2.5M tax refund scam
Perpetrators of such refund scams typically use Social Security numbers and other personal identifying information obtained from unwitting residents of Puerto Rico because they are not required to pay income tax unless they work for U.S.-based ...
 
IRS, States Call on IBM, LexisNexis, SAS to Fight Tax Fraud
A Miami law-office employee admitted in February he had accessed his firm's LexisNexis account and stolen thousands of Social Security numbers of prison inmates?prime targets for tax-fraud identity theft because they are unlikely to file returns?and ...
 
Florida's 'First Lady' of tax refund fraud gets 21 years in prison after ...
Those involved in the tax fraud operation used stolen Social Security numbers to file returns, according to the Global Dispatch. The scam meant that ordinary taxpayers had to wait for up to a year to receive their refunds. Rashia Wilson. Sentenced ...
 
IRS to Biz Owners: Beware of Payroll Tax Scammers
IRS to Biz Owners: Beware of Payroll Tax Scammers The Internal Revenue Service wants owners of small businesses ? and just about any sized business ? to watch out for unscrupulous third-party providers who are entrusted with collecting and timely ...
Sales Tax Changes and Taxability Issues Prompt New Industry Tax Gateway on ...
Internet sales tax is a hot topic these days, but unfortunately, sales tax changes and product taxability challenges are not new to most businesses, especially those in industries with particularly complex or rapidly changing sales tax regulations ...
 
Still plenty of time to seek homestead exemption before property-tax changes
Franklin County residents now have until the end of the year to apply for a homestead tax exemption, before qualifications change under the new state-budget law, the auditor's office said this week. The deadline was extended from June 3 to Dec. 31 to ...
 
City Leaders Debate Arts Tax Changes
Portland City Council weighed options Wednesday for altering the city's arts tax. Voters last November approved a $35 per household tax supporting arts education and arts organizations. The tax is subject to several legal challenges, but the city's ...
 
Pennsylvania Enacts "Delaware Loophole" Closer And Other Significant Tax ...
The new law reduces the tax rate from 1.25% to 0.89% and changes the tax base by including only bank equity capital, not total equity capital as under present law. Further, three-factor apportionment based on a bank's payroll, receipts, and deposits is ...
McCrory signs new tax law
Gov. Pat McCrory, flanked by members of the N.C. General Assembly including Speaker of the House Thom Tillis, right, jokes before he signs the HB 998 for Tax Reform in the ballroom at the Executive Mansion in Raleigh, N.C. on Tuesday, July 23, 2013.
 
Weigh in on state tax law
Sen. Galen Hadley, the chairman of the Tax Modernization Committee, announced on Tuesday that several public meetings will be held around the state to discuss the possibility. Those meetings include a Sept. 24 date at North Platte Community College ...
 
CJEU: Danish Exit Taxation Is Contrary To EU Law
In its judgment of 18 July 2013 the Court of Justice of the European Union (CJEU) held that the Danish rules on exit taxation of cross-border transfers of assets within a company are contrary to EU law. New Danish legislation must be expected ...
 
Debate: How should tax law change?
Baucus says any tax break that survives his initial cut has to help grow the economy, make the tax code fairer, or effectively promote an important policy objective. Although the last of these might be too broad, Baucus' approach is the best, and ... 
With Online Tax Pros you can electronically file your online income taxes directly from home using our professional online filing service. When you file through Online Tax Pros you are receiving the industry's highest standards for online taxes security, guaranteed error-free electronic tax filing calculations, and an easy way to prepare your taxes.

Electronic filing is one of the fastest and most affordable ways to file your income tax return. When you file through Online Tax Pros, there is notification on your account regarding the status of your return within 48 hours. We make it happen for you quickly and easily at an affordable price. You may even qualify to file your online taxes for free.

Please like us on Facebook: http://www.facebook.com/onlinetaxpros

Wednesday, July 24, 2013

Online Taxes News Links for 7-24-13

Sorry it's been a while since I've posted anything, but I'm back and will be here to give you helpful tax news and advice once again! Thank you for checking up on me.
 
The OECD's International Tax Plan: The First Step On A Very Long Road
Last week, the OECD proposed a major new initiative aimed at cracking down on tax avoidance by multinational corporations. The 40-page report follows widespread international criticism of aggressive tax planning by high-profile U.S.-based firms such as ...
 
CPS officials: Closing budget deficit to include tapping reserves, property ...
Chicago Public Schools officials today said they will be tapping into nearly $700 million in reserves and raising CPS' share of the Cook County property tax to the greatest extent allowed by law to close a $1 billion budget deficit. The district, which ...
 
A Carbon Tax by Any Other Name
SAN FRANCISCO ? The headlines last week were dramatic: Australia abandons its carbon tax. The move seemed to confirm suspicions that putting a price on carbon dioxide emissions is politically toxic. The reality, experts say, is more nuanced. Australia ...
 
NY to refund gay couples forced to pay estate tax
In declaring the section unconstitutional, the court granted gay couples the same rights to assets and lower tax costs under estate tax laws that are provided to couples in traditional marriages. Same-sex spouses may have been required to pay thousands ...
Internal Revenue Service scandal ties to Obama appointee
Internal Revenue Service scandal ties to Obama appointee. Posted: July 23, 2013 - 4:15pm. Advertisement. Does anyone recall when the Internal Revenue Service (IRS) scandal broke? Fingers were pointed at some rebel agents in the Cincinnati office.
 
US court blocks Internal Revenue Service's bid to help Indian IT
MUMBAI: The US Internal Revenue Service's (IRS) efforts to help Indian tax authorities uncover financial information of a US resident, alleged to have evaded tax in India, have hit a road block. A US district court has recently quashed summons issued ...
 
RICO: The real way to hold the IRS accountable
... beginning with the Internal Revenue Service's abuse and targeting of conservatives, Tea Party groups, and Christians, you are looking in the wrong place. What the IRS did tilted President Barack Obama's re-election in his favor. The IRS targeting ...
 
 Courtney Love In the Hole With the IRS, Owes $260K in Back Taxes
The Hole singer reportedly owes the Internal Revenue Service more than $260,000 in unpaid back taxes. According to TMZ, the IRS filed a tax lien against Love on July 11, claiming that America's Sweetheart needs to settle outstanding debts from 2009 and ...
5 from Passaic charged in $2.5M tax refund scam
Perpetrators of such refund scams typically use Social Security numbers and other personal identifying information obtained from unwitting residents of Puerto Rico because they are not required to pay income tax unless they work for U.S.-based ...
 
IRS, States Call on IBM, LexisNexis, SAS to Fight Tax Fraud
A Miami law-office employee admitted in February he had accessed his firm's LexisNexis account and stolen thousands of Social Security numbers of prison inmates?prime targets for tax-fraud identity theft because they are unlikely to file returns?and ...
 
Florida's 'First Lady' of tax refund fraud gets 21 years in prison after ...
Those involved in the tax fraud operation used stolen Social Security numbers to file returns, according to the Global Dispatch. The scam meant that ordinary taxpayers had to wait for up to a year to receive their refunds. Rashia Wilson. Sentenced ...
 
IRS to Biz Owners: Beware of Payroll Tax Scammers
IRS to Biz Owners: Beware of Payroll Tax Scammers The Internal Revenue Service wants owners of small businesses ? and just about any sized business ? to watch out for unscrupulous third-party providers who are entrusted with collecting and timely ...

With Online Tax Pros you can electronically file your online income taxes directly from home using our professional online filing service. When you file through Online Tax Pros you are receiving the industry's highest standards for online taxes security, guaranteed error-free electronic tax filing calculations, and an easy way to prepare your taxes.

Electronic filing is one of the fastest and most affordable ways to file your income tax return. When you file through Online Tax Pros, there is notification on your account regarding the status of your return within 48 hours. We make it happen for you quickly and easily at an affordable price. You may even qualify to file your online taxes for free.

Please like us on Facebook: http://www.facebook.com/onlinetaxpros