7 Aug, 2014

Doctors beware: tax-fraud scheme targets the medical profession.

2018-04-23T23:57:55-05:00August 7th, 2014|Midwest Medical Legal Advisor, Risk Management|

An increasing number of doctors have reported that they have been targets of tax fraud.  Here’s what happens: you, happy that it is April 15, go to file your tax return.  The IRS kindly informs you that your return has already been filed.  What is this, you think?  Has my accountant already handled this?  The IRS then gives you some odd news: you were awarded a large refund.  As reported [...]

13 Sep, 2013

CRP Payments Likely Subject to Self Employment Tax

2018-04-23T18:22:21-05:00September 13th, 2013|Construction Contractor Advisor, Midwest Agricultural Law, Tax|

The following was posted by Dan Waters on the Midwest Business Law Journal on August 15, 2013.    The Conservation Reserve Program (CRP) is a USDA land conservation program administered by the Farm Service Agency.  In exchange for annual “rent” payments from the FSA, farmers enrolled in a CRP agree to remove select parcels of land from agricultural production and plant species in order to improve environmental health and quality. [...]

Go to Top