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March 2023 Volume 95 Number 95 Freedom Tax Resolution Times Read About Taxpayers with IRS Problems Find Out How to Solve Them Real Estate Developer Develops Amnesia Forgets to Report 7 Million Dollars in Income INSIDE THIS ISSUE Real Estate Developer Develops Amnesia Forgets to Report 7 Million Dollars in Income Page 1 Fisherman Under Water as the IRS Reels Him In Page 1 Tax Cheating Restaurant Owners Will be Eating In for the Next Six Months Page 2 Scheming Consultant Takes a Gamble by Filing False Tax Returns for Native American Tribal Gets Indicted Page 2 Thank You Page 2 Orange is the New Black for State Senator Caught Stealing and Hiding Funds Page 3 Bank Teller Steals from Elderly Checks Into Prison Page 3 Client of the Month Page 3 Mark Handel a California real estate developer has been charged with failing to disclose almost 2 3 million dollars in income on a bankruptcy petition and for filing false tax returns According to the plea agreement Handel filed a bankruptcy petition in Los Angeles in April 2015 stating that he had no income from 2013 until April 2015 However during that time he earned 2 263 221 in income from his real estate development company He concealed the income by depositing it into his business accounts and used it to pay personal living expenses for him and his family He also failed to report a total of 6 886 877 in income on his federal tax returns from 2010 to 2017 Handel has agreed to forfeit 3 545 712 in proceeds from the sale of real estate and pay the IRS 1 450 070 in restitution He has refused to plead guilty and the case is going to trial He faces a maximum penalty of eight years in federal prison Did You Know Page 4 Trivia Contest Page 4 IRS Question Answered Page 4 Question How do accountants manage their money Answer They act their wage Fisherman Under Water as the IRS Reels Him In Eric Bautista an independent contractor for various commercial fishing companies pleaded guilty for failing to file tax returns Bautista failed to file tax returns from 2012 to 2020 and between 2017 and 2020 was paid over 500 000 for which he owed over 170 000 in taxes Bautista took several steps to evade his income taxes including working under a stolen identity and dealing primarily in cash He faces a maximum penalty of five years in prison and restitution Read about IRS cases I ve solved on my website jesus freedomtaxresolution com

Page 2 Tax Cheating Restaurant Owners Will be Eating in for the Next Six Months Kenneth and Suzanne Fusco the owners of Ken Sue s restaurant in Colorado have been sentenced to six months of house arrest and 150 hours of community service for tax evasion They were also fined 25 000 and ordered to pay more than 160 000 in restitution to the IRS The couple pleaded guilty to overstating their business expenses resulting in an underpayment of taxes from 2014 2019 An undercover investigation was started in 2020 when the Fuscos attempted to sell the restaurant During the investigation Suzanne Fusco admitted We re masters at before she could finish the sentence her husband added disguising They then went on to explain that they hid personal expenses as business expenses to lessen their tax liability A further IRS investigation discovered that between 2014 and 2019 the couple categorized almost one million dollars of personal expenses as business expenses Freedom Tax Resolution Times Scheming Consultant Takes a Gamble by Filing False Tax Returns for Native American Tribe Gets Indicted Beau Wesley Gensmer has been indicted for wire fraud and for filing false tax returns on behalf of members of the Shakopee Mdewakanton Sioux Community a Native American tribe that owns Mystic Lake and two casinos outside of Minneapolis From 2014 to 2018 Gensmer who owned a consulting company convinced tribal members to hire him to assist in the preparation and filing of their tax returns He then hired an Alaskan tax preparer to prepare and file the tax returns based on false information her provided to her According to the indictment Gensmer s scheme involved claiming fraudulent business losses and charitable contributions and resulted in tax refunds averaging more than 100 000 for each client Gensmer then received approximately 30 of each inflated tax refund He caused a tax loss to the IRS of more than 1 5 million dollars If convicted Gensmer faces a maximum penalty of 20 years in prison for each count of wire fraud 3 years for each false tax return charge and restitution I Love Referrals Thank you Luis The best part of being in the Tax Resolution business is seeing the happiness and joy on my client s faces when they have settled with the IRS and the once again have control lives Thanks to YOU word is spreading Thanksover to mytheir clients and friends Referrals from happy clients are part of the key to my success who graciously referred me to their friends clients and relatives last month I enjoy based on the positive comments and referrals So thankbuilding you allmy forbusiness your referrals from people just like you I just couldn t do it without you Read about IRS cases I ve solved on my website jesus freedomtaxresolution com

Page 3 Orange is the New Black for State Senator Caught Stealing and Hiding Funds Tax Resolution Times Former Arkansas state senator Jeremy Hutchinson has been sentenced to 46 months in prison for accepting multiple bribes and tax fraud Hutchinson pleaded guilty to filing a false tax return and conspiracy to commit bribery and was in office when he was charged with these crimes According to court documents Hutchinson stole and misused thousands of dollars in state campaign contributions for personal gain between 2010 and 2017 filing false income tax returns to conceal the theft He was also hired to provide legal work by an orthodontist who owned and operated clinics throughout Arkansas in exchange for pushing legislation that benefited the orthodontist On his 2011 tax returns Hutchinson concealed a 20 000 a month payment he received from a law firm in addition to other income Hutchinson also has sentencing pending in the Western District of Missouri for his role in a separate public corruption scheme involving embezzlement bribes and illegal campaign contributions In exchange for monthly legal retainers and other forms of payment Hutchinson provided favorable legislative and official action for a healthcare charity Are You My Next Client of the Month Sharing Your Success Story Every month I choose a very special Client of the Month It s my way of acknowledging good friends and saying thanks to those who support me and my business with referrals word of mouth and repeat business This month s Client of the Month is Mr Lionel You might be my next Client of the Month too Watch for your name here in an upcoming month Bank Teller Steals From Elderly Checks Into Prison Karen Farrell Tigler a former bank teller was sentenced to 27 months in prison for violating bank fraud laws and filing false tax returns From 2013 to 2016 Tigler embezzled 349 556 from a bank account belonging to an elderly client by using counter checks to debit funds As part of the scheme she forged the signatures of the client and others on the fraudulent checks Tigler cashed 21 of the checks totaling 73 924 claiming they were for various work on the client s home such as roofing maintenance and renovations She also cashed 79 other checks totaling 275 632 payable to another individual Tigler failed to report 134 429 and 215 127 on her 2015 and 2016 tax returns respectively During those years she reported only her teller s income of 21 290 for 2015 and 19 256 for 2016 In 2015 she also failed to report 32 180 in gambling winnings She deposited the embezzled funds into various accounts and when confronted about the embezzlement falsely implicated another individual to try and cover up her tracks As part of her sentence Tigler must pay 80 502 in restitution to the IRS and 349 556 to Hancock Whitney Bank Read about IRS cases I ve solved on my website jesus freedomtaxresolution com

Freedom Tax Resolution Times Page 4 Did You Know In South Carolina a licensed meat processor can receive a 50 tax deduction if they donate a processed deer carcass to charity Thank you for the Kind Words I like referring my clients with tax issues to Jesus Abikarram Freedom Tax Resolution because I look like hero when they come through and solve their tax woes Thanks Jesus and team for all you do Jonathan C I d Like to Hear From You If you have an IRS issue or just want to refer a friend relative or client we d love to hear from you We can provide a no obligation confidential consultation to help you solve your IRS problems Freedom Tax Resolution 954 361 7400 FL 212 320 8991 NY 833 IRS ISSUE Toll Free jesus freedomtaxresolution com Roz Strategies 2023 Enter Our Trivia Contest for a Chance to Win a 250 Transferrable Gift Certificate Take the Trivia Challenge to win Each month I ll give you a new trivia question The first THREE people who call my office with the correct answer win a free 250 reduction on any IRS service I provide Your prize is also transferrable so use it for yourself or give it to a family member or friend Take your best guess and call me at 954 361 7400 This month s question is What is Cynophobia a fear of a Chemicals c Cars b Dogs d Street Signs Your IRS Questions Answered Here Question I m currently separated from my spouse who owns his own business and we are in theshould process of getting a divorce Specialist I have always filedI deal jointly with my Question Why I use a Tax Resolution Can t with husband and now the IRS is sending me notices stating I owe 65 000 I have no idea how they are coming up with this amount as my spouse said he was always Answer could to represent taking careYou of this andopt paying the IRS yourself what wasbefore owed theeeee Answer You may be able to avoid this liability entirely under the IRS s Innocent Spouse Relief rules Under federal law if an income tax return is signed by both husband and wife both spouses are 100 responsible for the taxes owed However the law permits special consideration where a spouse cannot be held responsible for the underreporting of income or the understatement of tax that are attributable to the other spouse If you meet the criteria you may be able to apply for innocent spouse relief If you feel you were deceived by your spouse or tricked into signing a return you thought was correct this will help your case too There are many other ways you may be eligible for relief under the IRS s innocent spouse rules and we can help sort this out and determine the proper path forward for a permanent resolution We at Freedom Tax Resolution are experts in IRS tax problem resolution including Innocent Spouse Relief and help taxpayers with their IRS Problems every day There is a solution to EVERY problem Call us today 954 361 7400 for a FREE confidential consultation Generally our clients never have to meet or speak with the IRS once were in the picture Read about IRS cases I ve solved on my website jesus freedomtaxresolution com