Crypto continues to attract investors, generate headlines, and garner attention from the U.S. Treasury. As a result, the Internal Revenue Service (IRS) is reminding taxpayers about reporting “digital assets” on 2022 federal tax returns.
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.
Read MoreSynthetic identity fraud is a driving factor behind tax crime and other forms of theft and financial fraud.
Read MoreAn “eggshell” audit is an IRS audit with potentially serious consequences. An eggshell audit is what it sounds like, a sensitive audit in which you hope the IRS does not look too closely at your financial dealings.
Read MoreTax fraud associated with income tax returns is a perennial pick for prosecution by the Internal Revenue Service (IRS). A recent case in New York City illustrates the pursuit of such cases and an outcome that could have been worse.
Read MoreCrypto is on a wild ride with some speculators recently losing life savings even as others stay the course and continue to buy in. One of the parties along for the ride is the Internal Revenue Service (IRS), which scored a big win in the U.S....
Read MoreThe Internal Revenue Service continues to drive home the message about the danger of tax-related identity theft.
Read MoreOne of the most common elements of a fraudulent income tax return is a claim for unqualified dependents. So—who can you claim?
Read MoreIs failure to file disclosures of offshore tax a criminal tax crime? It depends.
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