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Nevada Tax Advisor Caught in $3.5M Tax Shelter Scheme
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Subscribe09 SEP 2025 / ACCOUNTING & TAXES
Michael J. Moore, the operator of X Tax Pros in Las Vegas, has been found guilty for propagating a fraudulent tax scheme that swindled over $3.5 million from the U.S. Treasury, using fabricated company losses to reduce his clients' taxes and earn large fees. His conviction will likely send ripples throughout the U.S. tax system, underscoring the Internal Revenue Service's (IRS) intensified crackdown on tax fraud and reaffirming that evasion will be pursued relentlessly.
When it comes to taxes, most of us wish there were shortcuts. The forms are endless, the rules are murky, and the IRS never sends “thank you” notes. But as one Nevada man just learned the hard way, some shortcuts don’t save time; they send you straight to...
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