New research finds the Internal Revenue Service (IRS) is aiming civil audits at low wage earners, demonstrating a confounding approach to a group less known for tax fraud than those with greater wealth.
Read MoreFalse tax returns are a hot button item for the Internal Revenue Service (IRS). The number eight case on the top ten list of 2021 tax crime proffered by IRS-CI showcases two sisters with serious dedication to preparing fraudulent tax returns.
Read MoreA “badge of fraud” is an indicator used by the Internal Revenue Service (IRS) to flag a potentially fraudulent return, transaction, or activity. Better understanding of what triggers IRS interest can help you steer clear of an IRS audit, or worse,...
Read MoreAn IRS civil tax audit can be a slippery slope toward a far-reaching IRS criminal tax investigation. If you understand the process, you may have a better chance of avoiding a criminal tax charge.
Read MoreWhile “tax fraud” is often considered a catch-all phrase, the term describes a particular type of tax crime involving fraud and willful intent.
Read MoreFor a number of reasons, you may be interested in opening a foreign financial account. Stateside, it is pretty easy to open a bank account but offshore, it pays to know a little bit about the system.
Read MoreOhio legislators have joined the bipartisan push for the Internal Revenue Service (IRS) to provide relief to taxpayers impacted by backlogs at the agency.
Read MoreUnderstanding how an Internal Revenue Service (IRS) civil or criminal tax audit is conducted can help if you are contacted by them.
Read MoreIn January, the National Taxpayer Advocate delivered the Annual Report of the agency to Congress.
Read MoreWith tax season underway, don’t forget your annual FBAR report is due in April too.
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