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Lexington County resident arrested for income tax evasion

Columbia, SC — Deborah C. Westbrook, 61, was arrested today by South Carolina Department of Revenue investigators on four counts of income tax evasion. According to the investigation, Westbrook earned income of $167,817 during 2007 through 2010 and failed to file SC income tax returns for the duration of the period. Also during that time, […]

Eleven Tips for Taxpayers Who Owe Money to the IRS

Most taxpayers get a refund from the Internal Revenue Service when they file their tax returns. For those who don’t get a refund, the IRS offers several options to pay their tax bill. Here are eleven tips for taxpayers who owe money to the IRS. 1. Tax bill payments  If you get a bill from the […]

SCDOR arrests Charleston local on tax related charges, and the hits just keep coming

The investigation into a Charleston income tax refund scam continues as another individual was arrested this morning by South Carolina Department of Revenue (SCDOR) officials. O’Neill Pinckney of Mt. Pleasant was taken to the Charleston County Detention Center and charged with one count of assisting in the preparation of a false return and one count […]

Goose Creek resident arrested for tax charges

South Carolina Department of Revenue (SCDOR) investigators arrested a woman from Goose Creek over the weekend for one count of assisting in the preparation of a false return and one count of forgery. Noella Lockwood, 34, could face penalties of up to $500 in fines and/or 15 years in prison if convicted of the felony […]

Here are some things to consider when starting a business

Type of Business One of the first decisions you need to make is what type of business you are going to establish. The most common types of businesses are sole proprietorship, partnership, corporation, S corporation, and Limited Liability Company. The type of business you establish determines which tax forms you will need to file. Types of […]

Charleston resident arrested on eight tax charges, the saga continues

Aisha Dowling was arrested by officials with the South Carolina Department of Revenue in connection with an ongoing tax refund scam in the Lowcountry. The City of Charleston Police Department assisted with the arrest. For tax years 2008 through 2011, Dowling, a Charleston resident, filed with tax preparers fraudulent W2 forms from employers where either […]

Expanded Adoption Tax Credit Still Available for Extension Filers

If you adopted a child last year and requested an extension of time to file your 2011 taxes, you may be able to claim the expanded adoption credit on your federal tax return. The Affordable Care Act temporarily increased the amount of the credit and made it refundable, which means it can increase the amount […]

Selling your home

If you are thinking of selling your home you might want to click on the heading of this article in order to view this IRS YouTube video to get an understanding of the basics. Then give Tax On Wheels, LLC a call at 803 732-4288 and let us help you through the process.

Renting Your Vacation Home

Income that you receive for the rental of your vacation home must generally be reported on your federal income tax return. However, if you rent the property for only a short time each year, you may not be required to report the rental income. The IRS offers these tips on reporting rental income from a […]

South Carolina enforces tax law by jailing tax cheats

Some South Carolina residents are finding out the hard way what tax professionals have known for a long time; the state is frequently much more aggressive in  enforcing tax law than the federal government. There have been a string of recent arrests made by the South Carolina Department of Revenue for egregious but fairly common […]