The IRS doesn’t take fraud allegations lightly. This division of the government is one of the most determined about their job, and you have to take every communication with them incredibly seriously. Did you receive notice that you're suspected of tax fraud? Don’t act...
Tax Fraud
Tax mistakes vs. tax fraud: There’s a difference
When filing your income tax return, it goes without saying that you want to avoid mistakes. Doing so gives you peace of mind, while also reducing the risk of an audit. But of course, the IRS may still find reason to take a closer look at your return. If you’re...
WHAT IS THE IRS VOLUNTARY DISCLOSURE PRACTICE?
The legal duty of taxpayers to fully comply with federal tax laws is the foundation of “Voluntary compliance” in the American tax system. Most taxpayers, in fact, voluntarily comply with this duty, however, there are always some that fail. The IRS has an impressive...