While there are numerous legal ways to minimize an income tax burden, falsifying returns and committing fraud to try to get out of paying what is lawfully owed will get you into trouble with the IRS, as one Michigan man recently found out.
Read MoreTax preparer fraud is of perennial importance to the Internal Revenue Service (IRS). If you are an accountant or tax preparer who occasionally or usually stretches the legitimacy of tax returns that you prepare, there may be an IRS challenge in your...
Read MoreA program aimed at helping employers retain workers during the pandemic is now the subject of an IRS investigation.
Read MoreAs common as it is, tax fraud is still a shock to unsuspecting investors. In this scam, at #8 on the IRS: CI list of top litigated matters last year, a California man lived high off the investments of others for years before law enforcement moved in.
Read MoreA couple files a false tax return and then tries to cover up the refund they received as a result. What could possibly go wrong?
Read MoreA Nevada tax preparer grew his business through forgery and identity theft--and then sold his puffed-up preparer business to an unsuspecting buyer.
Read MoreIf you have not filed your federal tax returns in the last few years, tax season may provide an uncomfortable reminder of that obligation.
Read MoreThe Automated Underreporter (AUR) program is an important part of compliance efforts at the Internal Revenue Service (IRS).
Read MoreWith tax season approaching, the Internal Revenue Service (IRS) is again warning consumers and companies to avoid “ghost” tax return preparers. Are you a ghost preparer?
Read MoreRecent arrests in a $1 billion tax crime serve as a cautionary tale for tax professionals considering the true cost of preparing and filing fraudulent tax returns.
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