Tax Law Blog

An upswing in tax fraud around allowable tax credits continues to ensnare taxpayers and those promoting them.

Tax fraud involving annual tax returns can be carried out easily—but the cost is high for those who falsify records. The same holds true for businesses and individuals whose returns are intentionally inaccurate.

Following an IRS Criminal Investigation (IRS-CI) case, a Seattle business owner facing allegations of filing false tax returns and tax evasion decided to go to trial — and lost.

The Internal Revenue Service (IRS) Criminal Investigation Voluntary Disclosure Practice (VDP) offers a valuable opportunity for individuals or businesses facing potential tax crime exposure to voluntarily come clean. A recent change to the program...