Crime Doesn’t Pay
Filing fraudulent tax returns is a serious offense. The IRS can and will pursue cases they believe involve fraudulent or criminal activity to the fullest extent of the agency’s resources. The result of...
View ArticleBad News For A Tax Fraud “Expert”
Few things result in a more harsh punishment in life than filing a fraudulent tax return. Whether through deliberate preparation, or use of a company, if you provide the IRS with a tax return that...
View ArticleDo Not Pass Go, Go Straight To Jail…And Collect A Tax Refund?
An income tax return is filed to show how much you earned from working, and how much of those wages were held out as taxes. Your return also calculates whether you paid in just the right amount, not...
View ArticleGuilty!
Preparing and filing tax returns is rarely an enjoyable task. Knowing that you will owe taxes on top of what was held out from your pay check all year can cause anxiety, stress, and create a financial...
View ArticleYou Better Study Harder If You Want Your State Refund
Remember the thought of never having to take another test when you graduated high school? Then you started college, and started over. When you finally got your degree, you had that same feeling of...
View ArticleSecond Time’s A Charm?
Tax fraud is a serious offense, and the IRS prosecutes potential offenders with vigilance. The punishment can be harsh and the fines stiff. When the offender is a repeat offender the sentence can be...
View ArticleThe Special Agents Who Carry Guns
IRS Penalties (continued) The IRS’s Criminal Investigation Division (The Special Agents who carry guns) investigates criminal federal income tax cases. In their role as federal agents they are on par...
View ArticleTax Return Fraud Is A Crime
FRAUD: Knowing that you will owe taxes on top of what was held out from your pay check all year can cause anxiety, stress, and create a financial burden; it can make preparing and filing tax returns...
View Article“Problem Return Preparer” (Fraud?)
FRAUD Reviewing Tax Court documents once again, I came across this case which came to the tax court via examination, after fellow local tax preparation professionals communicated to the IRS glaring...
View ArticleDECISION: “IRS Calling; $2.2 Billion Please”
Billions! “That will be $440 million in taxes and, let’s see…. (the sound of calculator keys tapping)… carry the one….yeah, okay; one point seven six billion in interest and penalties.” Ouch! That is...
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