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Episode 43: Tax Planning or Tax Conning? The story of Todd Mardis
Manage episode 444200376 series 3550302
Episode Description:
In this episode of Tax Crime Junkies, we dive into the scandalous world of fraudulent tax planning, focusing on Capital Preservation Services and its infamous co-founders, Todd Mardis and Walt Dallas. What started as a seemingly legitimate tax planning company, offering small business owners the promise of massive tax savings, turned into a cautionary tale of deceit, manipulation, and multi-million dollar losses. Join hosts Dominique Molina and Tom Gorczyński as they unravel the details of this predatory tax scheme, the legal battles that ensued, and the shocking consequences that left clients owing hundreds of thousands of dollars in penalties and back taxes.
Learn the answer to the question: Am I liable for a tax plan if I provide a Written Tax Plan Document?
And in a twist nobody expected, we reveal the final chapter in Todd Mardis' criminal record—one far darker than tax fraud.
Key Takeaways:
- The fine line between aggressive tax strategies and fraud
- How hundreds of small business owners fell victim to Capital Preservation Services' false promises
- The importance of working with licensed, ethical tax professionals
- Why following advice without fully understanding the tax law can lead to financial disaster
- The moral and legal responsibilities of tax planners
Listen now at: taxcrimejunkies.com
Follow us on Twitter/X: @certtaxcoach
Instagram: @taxcrimejunkies
Don’t forget to subscribe and leave a review!
43 episodes
Manage episode 444200376 series 3550302
Episode Description:
In this episode of Tax Crime Junkies, we dive into the scandalous world of fraudulent tax planning, focusing on Capital Preservation Services and its infamous co-founders, Todd Mardis and Walt Dallas. What started as a seemingly legitimate tax planning company, offering small business owners the promise of massive tax savings, turned into a cautionary tale of deceit, manipulation, and multi-million dollar losses. Join hosts Dominique Molina and Tom Gorczyński as they unravel the details of this predatory tax scheme, the legal battles that ensued, and the shocking consequences that left clients owing hundreds of thousands of dollars in penalties and back taxes.
Learn the answer to the question: Am I liable for a tax plan if I provide a Written Tax Plan Document?
And in a twist nobody expected, we reveal the final chapter in Todd Mardis' criminal record—one far darker than tax fraud.
Key Takeaways:
- The fine line between aggressive tax strategies and fraud
- How hundreds of small business owners fell victim to Capital Preservation Services' false promises
- The importance of working with licensed, ethical tax professionals
- Why following advice without fully understanding the tax law can lead to financial disaster
- The moral and legal responsibilities of tax planners
Listen now at: taxcrimejunkies.com
Follow us on Twitter/X: @certtaxcoach
Instagram: @taxcrimejunkies
Don’t forget to subscribe and leave a review!
43 episodes
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