Archive for the ‘Tax Fraud’ Category
How to Avoid Conviction of Tax Fraud
Friday, April 2nd, 2010
The Criminal Investigation Division (CID) of the IRS is charged with investigating offenses under the revenue laws and related offenses. These include a wide variety of tax and nontax crimes. Most prominent of the crimes that CID investigates under the Internal Revenue Code are tax evasion, failure to file, false statements, and forcible interference with [...]
What? You Have Unreported Income?!
Friday, April 2nd, 2010
Check it out. The IRS efforts to nab unreported income represents the largest component of tax avoidance and tax fraud. Look out, because now the IRS has developed a new tool for identifying returns with a high probability of unreported income. If you hang around these tax lawyer blogs long enough you’ll probably hear of [...]
Are Off-Shore Credit Cards Legal Under IRS Law?
Friday, April 2nd, 2010
Well, yes. It is not illegal to have an offshore credit card. However, there is a good chance that some people are using offshore credit cards to avoid paying income taxes. After all, credit cards allow easy access to offshore funds and accounts in so-called tax-havens (Caymans, anyone?). These allow income to be hidden. U.S. [...]
Who the IRS is Really After
Friday, April 2nd, 2010
The IRS is re-weaving its audit net. Now it is beginning to focus on some key areas where it suspects it will find noncompliance with tax requirements. After years of research and meetings the new focus will be on areas of high-risk of noncompliance. In a kind of a just systematic approach the IRS will [...]
If You Suspect a Tax Fraud Investigation
Friday, July 10th, 2009
One great benefit to using an experienced tax attorney for your IRS audit is where there is the possibility of a tax fraud investigation. Your experienced tax attorney will usually be alerted when the activities of the tax auditor (IRS) suggest the audit is becoming more the nature of a fraud investigation than a garden [...]