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Fraud Tax Preparers

Fraud is the making of false representations or engaging in deceptive behavior in order to unlawfully secure financial or personal gain. 
Foodman CPAs & Advisors

Redes Sociales Pueden Generar Problemas En Asesoramiento Fiscal

El 4/8/24, el IRS continuó actualizando la lista de la Docena Sucia para 2024, incluyendo cómo el asesoramiento fiscal en redes sociales puede causar problemas a los contribuyentes a medida que circulan información fiscal...more

Foodman CPAs & Advisors

Social Media Tax Advice Can Lead To Trouble

On 4/8/24, the IRS continued updating the Dirty Dozen list for 2024 including how social media tax advice can lead taxpayers to trouble as inaccurate or misleading tax information is circulating. IRS is re-issuing a warning,...more

ArentFox Schiff

Investigations Newsletter: Binance to Pay Historic $4 Billion Fine

ArentFox Schiff on

Binance to Pay Historic $4 Billion Fine - Binance Holdings Limited, the operator of the world’s largest cryptocurrency exchange, agreed to pay $4.3 billion to resolve allegations that it violated the Bank Secrecy Act (BSA)...more

DarrowEverett LLP

The Brass Tacks: IRS Creates Process for Withdrawing ERC Claims

DarrowEverett LLP on

The Internal Revenue Service (“IRS”) recently granted employers a means to avoid interest and penalties on inappropriately taken Employee Retention Tax Credit (“ERC”) claims. This surely will come as a relief to taxpayers who...more

StoneTurn

Elder Fraud During Tax Season: Schemes, Red Flags and Prevention Methods to Protect Your Loved Ones & Their Bank Accounts

StoneTurn on

“Rejected.” Your pulse quickens as you read the letter your mother received from the IRS after filing her tax return. Someone else filed her taxes before you and collected her refund. You were hoping that money would help...more

Fox Rothschild LLP

IRS Renews Warning on Employee Retention Credit Fraud, DOJ Files First Criminal Charges

Fox Rothschild LLP on

Employers should be careful before claiming the Employee Retention Credit (ERC). Over the past several months, the Internal Revenue Service (IRS) has warned taxpayers twice about third parties who advise employers to claim...more

McDermott Will & Emery

Weekly IRS Roundup November 14 – November 18, 2022

McDermott Will & Emery on

Presented below is our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of November 14, 2022 – November 18, 2022...more

Lewitt Hackman

FRANCHISOR 101: Liability as Certain as Death & Taxes

Lewitt Hackman on

Structuring a franchise to reduce risk of joint employment and vicarious liability means limiting a franchisor's control over franchisees. This is a challenge in a professional services franchise, where the brand is...more

Gray Reed

How To Choose A Tax Return Preparer? Watch Out For Fraud

Gray Reed on

It is tax season and it is time to think about getting your taxes done. This time of year is filled will angst for most people....more

BakerHostetler

Federal Court Shuts Down Instant Tax Service

BakerHostetler on

Tax Analysts Tax Notes reports that on November 6, 2013, Judge Timothy S. Black of the Southern District of Ohio permanently shut down Instant Tax Service, which claims to be the fourth largest tax return preparation firm in...more

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