Free Consultation: 858.450.1040 Payment | Client Login

MENUMENU
  • EDD
  • IRS
    • IRS Notices – What They Mean
  • About Us
    • MEET THE TEAM
    • PRACTICE AREAS
    • CONTACT US
  • TAX LAW & EDD RESOURCES
    • SMALL BUSINESS OWNERS TAX LAW GUIDE
    • EDD & IRS AUDITS
    • CRIMINAL TAX
    • SAN DIEGO TAX ATTORNEY
    • Orange County Tax Attorney Services
    • TAX BALANCE
    • INNOCENT SPOUSE RELIEF
    • OTHER TAX LAW MATTERS
    • SALES TAX AUDITS
    • UNFILED TAX RETURNS
    • OFFERS IN COMPROMISE
    • CALIFORNIA INCOME TAXES
    • INTERNATIONAL TAX
    • TAX COLLECTIONS
    • CORPORATE | BUSINESS TAX
    • PAYROLL TAX AUDITS
    • TAX LEIN
    • FAQs
  • SBA Loan Resources
    • PPP FORGIVENESS DENIAL APPEAL
    • SBA Criminal Defense
    • FAQs
  • RESOURCES
    • Blog
    • VIDEO LIBRARY
Home > Blog > Uber is being investigated for tax fraud

Uber is being investigated for tax fraud

July 3, 2019

Al Capone | Leona Helmsley (AKA the Queen of Mean) | Spiro Agnew | Wesley Snipes (He thought he was Blade)

The list of deplorable characters brought down for tax fraud may get another famous name… Uber.  The notoriously culture-challenged ride-sharing service is being investigated by IRS for tax evasion in the years 2013 and 2014. 

While Uber can’t and won’t comment on the case, here’s what we know… and why it’s important to have a tax attorney on your side when IRS calls.

Uber recently went public on the NYStock exchange and, as a publicly traded company, had to disclose that “the IRS is examining the tax years for 2013 and 2014. …and that its tax benefits are to be cut due to the company’s transfer pricing positions.”  Transfer pricing is a way to shift money to lower tax areas.

Big or small, IRS does not stand for companies who deliberately engage in tax evasion.  While we don’t know the details of the case against Uber it does highlight that businesses should set aside money to cover tax discrepancies and review all filings thoroughly before submitting to IRS.

If you think you may have mis-filed taxes it is always better to talk to a tax attorney, go over the questionable year(s) and formulate a plan should IRS open an investigation into that time period. 

Unlike a CPA, tax attorneys have the protection of attorney-client privilege so businesses can lay all questions, transactions, and concerns on the table without fear that their advisor might be subpoenaed by IRS in an investigation.

At Milikowsky Tax law we are dedicated to reducing your tax liability while keeping your business compliant with current tax laws.  Our proprietary system of review will uncover any red flags and allow us to address any tax mis-steps proactively.

If you think your company may have mis-filed a tax return in years past, please reach out to one of our experienced tax attorneys today to schedule a free consultation.

Filed Under: Blog, News Tagged With: Audit, Criminal Investigation, IRS, IRS Audit, Tax Attorney, Unpaid Taxes

Archives

Search

Categories

Questions About
Tax Audit/Controversies?

A representative will be in contact within 1 business day
PRIVACY POLICY

Get Monthly Updates on Important Tax Law Matters



Milikowsky Tax Law is located at: 4250 Executive Square, Ste. 650, La Jolla, CA 92037
o. (858) 450-1040 | m. (858) 212-0542 |
Privacy Policy

DISCLAIMER:
The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.

Milikowsky Tax Law © All Rights Reserved. Clear1099.com | Cal1099.com | California1099.com © All Rights Reserved.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT