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Memphis businessman sentenced to federal prison for filing false tax return Henley Dolmon, JR., 38, the former owner of Simple Tax Solutions, reported an inaccurate total of earned income from Simple Tax Solutions on his 2012 federal income tax return. (Source: Darylann Elmi) By WMC Action News 5 Staff | March 11, 2021 at 2:38 PM CST - Updated March 11 at 2:40 PM MEMPHIS, Tenn. (WMC) - A Memphis businessman has been sentenced to federal prison after filing a false federal income tax return, according to U.S. Attorney Joseph C. Murphy, Jr. Henley Dolmon, JR., 38, the former owner of Sim...

6 Disastrous Tax Mistakes People Make When They Work From Home 6 Disastrous Tax Mistakes People Make When They Work From Home Working from home has tax pitfalls that could lead to an IRS audit. So take note of these six tax mistakes people make when they work from home. Margaret Heidenry, provided by FacebookTwitterEmail Working from home has multiple perks, not the least of which is the short commute to your home office in your PJs. (Yes, it’s a cliché, and yes, it happens.) But while you might be incredibly talented at designing websites, writing novels, or whatever it is you do durin...

Depending on your 2020 income, you might be able to pocket some extra government cash by...

Your Home Tax Deduction Checklist: Did You Get Them All? Your Home Tax Deduction Checklist: Did You Get Them All? Here's your home tax deduction checklist for the 2020 tax year. Get to know all of the tax breaks for homeowners, so you don't leave anything on the table. Audrey Ference, provided by FacebookTwitterEmail Welcome to your home tax deduction checklist! For homeowners, this kind of guidance is essential in the wake of all the changes ushered in by the new tax plan, the Tax Cuts and Jobs Act, that are still rolling in. The biggest change for 2020? The standard deduction jumped a coup...

START-UP NY's tax-free incentive hits pandemic glitch Employees forced to work from home hit with state tax bills as Legislature tries to fix FacebookTwitterEmail COHOES— One of Gov. Andrew Cuomo’s signature economic development programs has run into a pandemic-related tax problem. Now in its seventh year, with just over 300 companies involved, the START-UP NY program was created amid great fanfare to encourage new businesses to set up in the state. Under the program, start-ups that affiliate with a New York college or university get a 10-year exemption from state income taxes for their e...