IRS Seeks to Shut Down Tax Preparer Seeking Refunds (Mainly Earned Income Tax Credits) for 99.5% of Clients

A press release from the U.S. Attorney’s Office: JUSTICE DEPARTMENT SEEKS TO SHUT DOWN CHICAGO TAX PREPARER Chicago Man Allegedly Falsifies Customers’ Returns to Maximize Earned Income Credit WASHINGTON – The Justice Department announced that it has asked a federal … Continue reading

Tax Preparer Admits to 500 Preparing Returns Underestimating Tax Liabilities by $2.8 Million

A press release from the U.S. Attorney’s Office: TAX PREPARER PLEADS GUILTY TO PREPARING MORE THAN 500 FALSE FEDERAL TAX RETURNS, CAUSING TAX LOSS OF MORE THAN $2.8 MILLION CHICAGO — A tax preparer pleaded guilty to federal tax charges, … Continue reading

McHenry County Council of Governments Reacts to IRS Grafton Ruling on Fringe Benefits

Look at the reaction of McCOG to the McHenry County Blog story about the IRS determination that the cost of its dinners, reimbursed to Grafton Township elected officials, are taxable fringe benefits. Good Afternoon, I’ve been contacted by a couple … Continue reading

Officials’ Perks Ruled Taxable in Grafton Township

An IRS finding handed down January 31st will surely be the talk of the next meeting of the Township Officials of Illinois. It says that heretofore fringe benefits, such as the Grafton Road Commissioner’s vehicle and the reimbursement for dinners … Continue reading

Feds Take Chicago Lawyer after Money on False Pretences Out of Market Place

A press release from the U.S. Attorney’s Office: CHICAGO LAWYER BARRED FROM PROMOTING TAX SHELTERS GENERATING $370 MILLION IN SHAM DEDUCTIONS Federal Court Enjoins Former Seyfarth Shaw LLP Partner Who Allegedly Designed “DAD” and “DAT” Tax Shelters CHICAGO LAWYER BARRED … Continue reading

Five, including Female School Board Member & Transportation Director, Indicted in $800,000 School Bus Kickback Scheme

This press release from the U.S. Attorney’s Office tells of how a female North Chicago School Board member conspired with the female Transportation Director to get kickbacks from school bus companies. I mention the public officials’ gender because it is … Continue reading

Guy Scamming IRS for $10 Million in Income Tax Refunds for 470 Dead People Indicted

A press release from the U.S. Attorney’s Office in Chicago: BARBADOS MAN INDICTED FOR ALLEGEDLY OBTAINING MORE THAN $10 MILLION BY FILING HUNDREDS OF FRAUDULENT FEDERAL TAX RETURNS CHICAGO — A Barbados national who has lived in cities across the … Continue reading

Grafton Township Food Pantry Does Not Seem to Be in Compliance with the Illinois Attorney General’s Charitable Trust Registration Requirements

Ever since I wrote the article entitled, Coerced Charity in Grafton Township I’ve been thinking about the Grafton Township Food Pantry. As I pointed out in that article, Crystal Lake’s Food Pantry is privately supported. Private contributions bought and remodeled … Continue reading

Huntley School District Fined by IRS, Teachers Retirement Fund, Owes for Workers Comp, But Gets More State Aid; Net Loss About $13,000

In her Monthly Fiscal Report, Comptroller Stacie Talbert reported that Huntley School District 158 paid two tax penalties for March 31 and June 30, 2007 in the amounts of $824 and $4,018, respectively. This was done, “in order to avoid … Continue reading