×
The Profit

» more from The Profit

Don’t worry honey, I’ll fix the numbers

Jay Malik is a tax strategist who works with medical professionals. One was a chiropractor, whose wife handled the practice's finances. However, she didn't actually pay the company's taxes for years and would fudge the numbers on returns, unbeknownst to her husband.

"The doctor caught up with it, but by that time the tax debt was a few hundred thousand dollars," he said. "Since the practice was in the chiropractor's name only, he was held responsible for all the tax debt to the federal government and the state."


Christine Schneider | Cultura | Getty Images