Tax Fraud Prevention Tips: Use of Stolen Business EINs

Tax fraud and tax identity theft are a growing crime epidemic. There are a plethora of reports regarding the hundreds of thousands of individual taxpayers nationwide who have had their tax refunds stolen by identity thieves each year. However, individuals are not the only ones who are being victimized in tax fraud schemes. Businesses are also being targeted. As a business owner, imagine receiving a notice of deficiency, and a demand for immediate payment, of more than $800,000 in unpaid payroll taxes for more than 100 employees that have never worked for your company. That’s exactly what happened to a...

DON’T BE PIMPED BY THE PAYDAY LOAN COMPANIES

In some cities there are more of these operators than Subway sandwich shops. It is the growing multibillion dollar payday loan industry that is raping Black, Latino, immigrant and poor white communities at an alarming rate. To hear both sides of the argument one would have to start to dig under the fingernails to determine if the dirt of payday loan and similar services are valid.  In some states, there are little if any regulations governing payday, car title loans or similar services.   In calculating fees, extensions and other charges the rates could be extremely high. Some government legislators have...

Spinners Laud Spam and Velveeta Planning

After a very successful event the management group for the Spinners was so impressed by the coordination and planning that went on they were compelled to write about...

AFRICAN AMERICAN CHAMBER THE SPARK PLUG BEHIND MULTI MILLION DOLLAR SUIT

African American Chamber of Commerce of Oregon was one of the main spark plugs supporting a multi million dollar suit against Asbury Auto Group in Portland, Oregon for racial discrimination. This news story is only the tip of the iceberg. Asbury packed up and not only left town, but the entire state of Oregon. This event was August 18, 2008. Plaintiffs were four African American employees that were called the “N” word repeatedly, passed over for promotion. In the 11th hour after, they reached out to the African American Chamber of Commerce’s Legal Support Division. The initial results in Federal...