Looking at tax fraud vs. tax negligence, and some factors that impact penalties, P.1
When significant discrepancies are noticed in a tax return, the Internal Revenue Service will take notice and reserves the right to conduct an audit to determine the reason for noncompliance. In the audit process, the IRS is particularly concerned about determining...IRS offers a glimmer of relief to Corinthian students p3
What’s the old joke? Oh, yes: What are the five most important words an English major will need to know after graduation? Answer: “You want fries with that?” Not really funny for English majors, but absolutely not funny for recent graduates of any of...IRS offers a glimmer of relief to Corinthian students p2
We have been discussing the problems facing the students left holding the bag when for-profit Corinthian Colleges Inc. closed all of its schools last year. The problem wasn’t just that Corinthian closed its schools; it was that the company had defrauded the...IRS offers a glimmer of relief to Corinthian students
In the summer of 2014, the Minnesota Office of Higher Education ordered Corinthian Colleges Inc. to stop enrolling students from this state. At that point, though, about 300 students from Minnesota were enrolled in traditional and on-line programs operated by the...
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