Everything one should know about Virginia Federal Tax Fraud

Preparing taxes and filing tax returns can be an overwhelming experience. Whether you are running a business or a salaried professional, your priority should be to avoid any mistakes when filing the tax return. Since any error or omissions can lead to tax fraud, tax law firm Virginia Beach recommends hiring a professional tax specialist.

Tax fraud is a serious federal offense and can land one behind bars. Internal Revenue Service keeps an eye on every individual taxpayer and business. If they detect any discrepancies in the income and tax returns, they will take legal actions against the perpetrator. Committing a tax fraud can result in civil and criminal lawsuits. One can either get fined or penalized according to the fraud committed.

In this blog, we will look into what Tax Fraud is and what its consequences are.

Understanding Tax Fraud

When an individual, company, or business uses any method to evade the government’s taxes intentionally, it’s considered tax fraud. Such strategies include misrepresentation of the income, under-declaring profits, hiding income, or overstating tax deductions. Tax fraud is different from tax avoidance as in the latter case; one makes the lawful use of tax code to minimize the tax liabilities.

However, simple mistakes or unintentional omission of income is not considered tax fraud. To be considered civilly or criminally liable, the taxpayer must have intentionally defrauded the IRS. Establishing direct intent to defraud the IRS is often challenging since finding evidence is not easy. IRS and their investigators search for badges of fraud to determine whether the taxpayer has intentionally evaded the tax liabilities.

There are times when government officials misinterpret the smallest mistakes as tax fraud. Thus, if you or someone you know is facing tax fraud charges, you must hire an sales tax Virginia Beach professional.

Badges of fraud include the following things:

  • Understating the income
  • Stating Improper or fictitious tax deductions
  • Irregularities in accounting
  • Actions that determine intentions to evade taxes
  • History of under-reporting of income
  • Hiding assets
  • Discrepancies in records
  • Failing to cooperate with IRS examiner
  • Not filing tax returns
  • Cash dealings

Individuals, companies, and corporations facing tax fraud charges can be penalized for either civil or criminal offenses. A taxpayer may be subjected to both criminal and civil investigation. Such a situation is referred to as parallel investigation.

Civil IRS Investigations of Tax Fraud

The IRS will set up a civil investigation on a taxpayer if the facts of the case indicate fraud has been committed. To impose civil penalties, the IRS must have convincing evidence to prove that the taxpayer has engaged in tax fraud.

Criminal IRS Investigations of Tax Fraud

The tax fraud case is passed on to the Internal Revenue Service Criminal Investigation Division when the tax matter escalates into potential criminal misconduct. The Criminal Investigation Division of IRS is tasked to investigate alleged taxpayers who have violated IRS code and Bank Secrecy Act.

The auditor revenue officer who believes that an individual has committed tax fraud initiates the criminal IRS investigation.…

How To Eliminate Variability In Your FFS Program?

Fitness-for-service is a best practice methodology used in the oil and gas and petrochemical processing sectors, forming the cornerstone of asset integrity monitoring. To determine whether components are competent to stay in service, the method and related data function on an objective basis.

The American Petroleum Institute and the American Society of Mechanical Engineers jointly created one widely used approach, API 579-1/ASME FFS-1, which aids API inspection companies with pressurized equipment’s safe and dependable operation. This specification contains tanks, pipelines, and pressure vessels.

Accurate inspection data is essential to this standard and every other FFS program. The key to assessing the fitness-for-service is specifically the wall thickness loss brought on by widespread or localized corrosion. The FFS estimates and overall evaluation depend on the wall loss’s development. In order to accurately estimate the wall loss over time, it is crucial to remove factors from the data.

Using the same places every time you conduct an ultrasonic inspection is one of the simplest ways to ensure predictability for wall thickness loss. The professionals can map out the trajectory of deterioration or loss by contrasting the results of the most recent inspection with earlier data. Predictive models can be developed using corrosion rate measurements that take into account pressure, working temperature, the materials’ properties, the damage’s current state, and more. These designs can assess a system’s suitability for service and help prioritize maintenance tasks.

Specialized inspection tags are created to withstand tough environments, unlike marking equipment that frequently fails owing to operational or environmental factors.

However, not all marks are made equal. 

For your pipeline and apparatus process safety monitoring program, you may gain better statistics, better analyses, and better projections by using inspection point labels made with ruggedness for pressure vessels, containers, and pipes in mind.

What entails in a Tank Inspection?

When inspecting a tank, API inspection services experts typically examine for corrosion and flaws on the interior as well as the outside. This is so because metals typically used to construct tanks can react with oxygen, water, and other liquid contents. Along with damaging the tank’s structural stability, this also causes valuable supplies, such as water, gasoline, and industrial chemicals, to get contaminated.

It’s critical to identify those flaws and corrosion symptoms quickly. By doing this, inspectors can safeguard the chemical integrity of the tank’s contents and extend its usable life. Oxidation can nevertheless occur in microsites and places that are unsecured or compromised, despite the use of highly resistant paints (such as paint-based or epoxy). It won’t take long for damage to become evident. The best they can do at that point is to stop the harm from worsening. In this manner, the facility owner would avoid costly downtimes, and they will make repairs sooner.

A trustworthy inspection and testing procedure should be used to stop things from getting worse. Visual examination and ultrasonic thickness assessment are frequently used. Visual inspection is simple and effective, especially if there is a clear checklist of what to look for in terms of flaws and corrosion indicators. When testing for ultrasonic thickness, ultrasound waves are allowed to pass through the material, and the time it takes for the ultrasound wave to come back to the level is then recorded. Based on the material being examined and the presence of faults, a different amount of time may be required. From there, we can identify flaws and start the necessary repairs.

Ultrasonic thickness analysis is constructive in tank inspection because it is a non-destructive testing method and can be designed to work with coatings. The treatment can be simply carried out on-site, and the required equipment is not very expensive. For instance, portable scanners make it possible to inspect tank floors very easily, up close, and completely.…

Understanding SSPC-SP 1 Solvent Cleaning in Detail

The Society for Protective Coatings (SSPC) has established SSPC-SP 1 solvent cleaning like STI inspections as a specification to stop early coating failure. The surface preparation method described in this specification encourages a longer varnish life on storage tanks and machinery. SSPC-SP1 is a specification for cleaning impurities from steel surfaces during surface preparation. Solvent cleaning is the primary technique for removing visible dirt, filth, oil, dust, drawing substances, and other comparable chemical molecules from steel surfaces.

Why Is Cleaning with Solvent Important?

Because it is completed before the preparation of the surface, like SSPC-SP 10/NACE No. 2 near-white blast cleansing or SSPC-SP 5/NACE No. 1 white metal blast cleaning, SSPC-SP1 is a crucial need. Rust, scale, and paint are removed from steel surfaces during surface preparation.

Different types of solvents may be employed alone or in combination to eliminate the impurities indicated above, such as filth, oil, dissolved salt, etc. Surfaces can be soaked in a solvent, have a solvent poured directly into them, or have a solvent used on scrubbing rags or brushes.

Using contaminant-free solutions for the last processes is the best approach to prevent the toxins from spreading. Depending on the coating specification, the SSPC 1 solvent treatment may be used as a backup plan. Some customers request a chloride analysis, and if the result was greater than 15 g/cm2, they were then exposed to solvent treatment; otherwise, they might go straight to sandblasting.

What solvents can be used to clean with the SSPC-SP 1?

The inspection professional must use solvents for cleaning according to SSPC-SP 1. Alkaline, acidic, petroleum-based, biotic, synthetic, organic-inorganic cleansers and solvents can all be used for solvent cleaning. Depending on the surface material and impurities that need to be eliminated from the area, the solvents for SSPC-SP 1 solvent cleanup should be meticulously chosen. It is strongly advised to exercise caution when choosing your solvent. Temperature and pressure in the environment can be utilized to determine the solvents for SSPC-SP 1, or they can be recommended depending on the environment.

It is usually advisable to use caution when using a solvent. Safety considerations should be used when utilizing solvents for SSPC-SP 1 because some solvents are harmful.


Most cleaning products are oil-soluble detergents or other substances, including mineral spirits or gasoline. Due to their toxic nature, Inspection personnel should use all solvents with extreme caution. However, certain solvents can be mixed.

The procedure of Solvent Cleaning

You must take action before and after this prerequisite to effectively implement STI SP001 and SSPC-SP 1’s solvent cleaning standard.

It is better to remove dust from the target surface before solvent cleaning. SSPC-SP 1 solvent rinsing is applied after dust removal using a sturdy wire brush on the surface. Unless it is wiped off with clean water before solvent washing, it is allowed to use solvents designed for eliminating dust if necessary.     

Apply any of the following techniques after using a scraper to eliminate all impurities from the surface:

  • To remove any leftover pollutants, clean them off using a brush or rag dipped in solvent.
  • Spray solvent on the surface.
  • Submerge surface entirely in solvent
  • Use alkaline or emulsion cleansers.
  • For steam cleaning, use cleansers or cleansers.

Be cautious while using any of the final contamination removal techniques described. For the last stages of each method, utilize clean towels, swabs, solvent spray, and solvents. Be sure to end the technique by cleaning the panel with clean water for emulsion, alkaline cleansers, and steam.

Post-solvent cleaning, the process that comes after solvent cleaning, is equally crucial as pre-solvent cleaning. After solvent cleaning, it’s crucial to clear up any leftover residue from the surface. …

Understanding the Different Types of Water Storage TanksĀ 

Above-ground water storage vessels are generally a good choice for individuals looking for a water reservoir. They are often less expensive, easier to build, and more robust and functional than underground tanks. However, regardless of the kind of water storage tank a facility has, it’s essential to get them checked by professional water tank inspection services providers.

But what are the many types of containers installed above ground? What does each of them contribute that the others do not? Let’s find out here:

Vertical Polyethylene (Plastic) Tanks

As the name indicates, the vertical storage tank is a cylinder-shaped tank that sits vertically above ground. Because these tanks are primarily polyethylene, one can only use them to store water. A facility can use these containers to collect drinkable or non-potable water, collect rainfall, or keep water for gardening and cultivation. These tanks are frequently among the most affordable solutions for storing water, but it doesn’t mean they won’t work for you.

Because vertical polyethylene containers are so affordable to manufacture, there are frequently numerous sizes available, making it easy to pick a tank that will not occupy up a lot of room on your property (and their lightness will make them easier to move!).

Tanks made of stainless steel

A stainless steel water tank is one of the most adaptable storage containers. One may use them to hold water, fertilizer, cheese, wine, and anything else you can think of. Since the steel covering is corrosion resistant, it will not be impacted while storing chemicals such as liquid fertilizer or sodium sulfate. These tanks are made to withstand harsh environmental elements and will not require continuous maintenance. Today’s stainless steel tanks are designed to prevent corrosion and algae development, so your stainless steel container should last at least 50 years while keeping your water pure. Regular tank inspection done by tank inspection services provider is essential to ensure the tank stays in working condition for a long time.

Fiberglass Tanks Above Ground

Above ground, fiberglass containers are often hailed as among the best tanks you can buy. They have solid foundations, are compact, and resistive to corrosion, rust, and other elements. Fiberglass is stronger than several metals and to be neither magnetic nor electrically conductive. If you store potable water, you may be required to pay for a specific resin covering the interior of the tank to safeguard the water. This tank style is likewise not recommended for tanks smaller than 1000 gallons.

Pillow Tanks

Pillow tanks (also known as water bladder tanks) are a type of above-ground tank frequently smaller than the standard tank. As you might expect, when the tanks are full, they puff out and resemble a pillow. The benefit of pillow tanks is their adaptability. They may be fashioned of various materials and can hold almost any fluid. Pillow tanks may be erected anywhere, including the exterior, interior, and hot or cold temperatures. They are very lightweight and highly portable. They are frequently affordable, although they do not always carry as much fluid as other forms of tanks.

Bolted Steel Tanks

A bolted steel tank comprises many steel sheets that are welded together by various gaskets to mitigate leaking. They can be formed of any steel and can store any liquid. They may be constructed to carry various volumes of liquid according to your requirements. The one disadvantage is that it is pretty challenging to relocate after it has been built and fastened in place. Because it is constructed of steel, it is also cumbersome and may necessitate machinery to handle or transport the substances.

These tanks are welded shut and quite sturdy, so if you don’t plan on moving the tank much (or at all), this might be an excellent choice for storing water or other liquids.…

How is COVID-19 Pandemic Directly Linked to Increase Elder Abuse Cases?

Be it at home or in a long-term nursing institution, America’s seniors are increasingly vulnerable to harassment and exploitation due to the pandemic’s social isolation norms. The elderly who follow stay-at-home policies are cut off from systems that might help them, such as health personnel, congregations, relatives, and senior centers. The high prevalence of coronavirus fatalities among Americans aged 70 and up raises their anxiety and their reliance on others who could try to exploit them. Unfortunately, most of these perpetrators are relatives, such as a grownup child or spouse, followed by caretakers or facility personnel. No doubt, the queries for elder law attorneys Virginia Beach has gone up during the pandemic.

According to the Centers for Disease Control and Prevention (CDC), physical, psychological, mental, sexual, neglect, and financial abuse are the four most prevalent forms of elder abuse, according to the Centers for Disease Control and Prevention (CDC). Many cases of elder abuse, mistreatment, and manipulation go unreported, mainly when people are socially isolated. Although the number of calls alleging elder abuse is fewer than typical, elder abuse has not decreased. Many reports of suspected symptoms of abuse to Lifespan originate from home care organizations, healthcare providers, or health institutes.

The surveillance feature is no longer accessible since many elderly Americans are avoiding encounters with medical providers. Consequently, relatives of the seniors in long-term care institutions are no longer permitted immediate access to inquire about their family members’ well-being.

This is a nationwide problem, not just in New York. During the coronavirus epidemic, the number of reports of elder abuse is dropping across the country. Although the number of instances is decreasing, the amount of assistance required by our senior citizens is increasing.

When it comes to the gap between case reports and senior needs, some elder attorney believe that the epidemic has made it harder for people to report elder abuse and seek aid.

Similar patterns are being seen by other senior support groups, such as the National Clearinghouse on Abuse in Later Life (NCALL). According to NCALL, perpetrators are misinforming individuals by threatening them with the virus and isolating them. Isolated seniors are at risk of being contacted by a caregiver who has been infected with the coronavirus or being admitted to a nursing facility with abnormally high COVID-19 fatality rates.

It is also common for a caregiver to promise to keep a senior safe if they hand up checks or other valuables during this epidemic. If the elderly reside with an abuser, the condition can quickly deteriorate because the abuser might threaten or manipulate the senior, who lacks the courage to seek outside assistance in his or her solitude. The coronavirus outbreak, which is having a profoundly huge impact on older people’s mental health, renders them more susceptible to desertion, mistreatment, economic, psychological, sexual, and physical assault.

The growing reliance of the elderly on their caregivers at home and employees in long-term healthcare settings may encourage abusers to target them. Many elderly are approached because they have savings, recurring monthly income from securities, or Benefit Payments. Many elderly would hand up their money out of desperation for their safety and health, believing it will be the key to their longevity. Scammers have also been reported providing bogus or fictitious free home test strips or fake treatments, acting as fake organizations, or playing on other disease anxieties to get personal details or money.…