Common Tax Schemes to Know This Tax Season

Tax schemes peak during this time of year when people are preparing to file their tax returns or looking to hire someone to help with their taxes. Being aware of what seems “too good to be true” is especially important during this time. Keep reading to learn more about common tax schemes and how to […]

Is Tax Evasion a Felony in New Jersey? 

Raise your hand if you enjoy paying taxes? You didn’t raise your hand, did you? Paying taxes isn’t fun, but evading taxes can lead to some very hefty fines–especially in New Jersey. Keep reading to learn what tax evasion is, how to avoid it, and how to seek help if you’re accused of it.  Tax […]

Tax Fraud vs. Tax Evasion: What It Is & How to Protect Yourself if Accused 

While both considered criminal offenses, tax fraud and tax evasion differ in the nature of the offense. There are penalties for both, but tax evasion carries even harsher consequences. Keep reading to learn more and understand how to protect yourself if you’re accused of either. Tax Fraud vs. Tax Evasion  Tax fraud and tax evasion […]

Why is Tax Evasion a Crime but Tax Planning Isn’t? 

Paying taxes is a necessary obligation for all who earn an income, but if you know what you’re doing, you could legally save yourself a lot of money and stress when it comes to taxes. Tax planning and tax evasion represent ways of saving money on taxes, but one is legal and one is not.  […]

I’m the Taxman

It was American Founding Father Benjamin Franklin who famously stated, “In this world nothing can be said to be certain, except for death and taxes,” but it was George Harrison who said, “Now my advice for those who die/Declare the pennies on your eyes” a lyric featured in one of The Beatles most famous songs, […]