Tax fraud happens when a person or a business knowingly gives false information to the IRS. The key part is that it’s intentional. It’s not the same as making a math mistake or forgetting to attach a form. Fraud is […]
“Only about 1% of taxpayers are audited. What triggers an audit is generally something on the tax return that’s out of the ordinary,” he says. “For example, if you have a side business and file a Schedule C, the IRS […]
Tax fraud has always been a problem, and with the growth of the internet, the identity theft business has been booming. One particular case sticks out from the rest. Self-proclaimed “Tax Fraud Queen” Rashia Wilson posted on social media sites […]
The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud. The […]