Paul Caron reports that the rumor that illegal immigrants received $4.2 billion in fraudulent Child Care tax credit payments from the IRS is true: Following up on last week’s post, Illegal Immigrants’ Child Tax Credit Fraud Costs IRS Billions: FactCheck.org, Tax Credits for Illegal Immigrants: Q: Does the IRS pay billions in tax refunds to [...]
Tags: Credits · Tax Crimes
Two years ago we addressed the IRS’s flawed refund procedure in False Refund Schemes and Backwards IRS Return Processing Rules. Today, Jay Weaver of the Miami Herald gives a distressing update in Scammers Steal IRS Refunds with Ease: “We are seeing defendants once involved in other types of crimes [such as drug trafficking] getting involved in identity-theft schemes, [...]
Tags: Individual Taxation · IRS procedure · News · Tax Crimes
Sharon D. Kukhahn, 62, of Tacoma, Wash., was sentenced Wednesday in a federal court in Tacoma, Washington to seven years in jail, three years of supervised release, and $856,681 in restitution after being convicted of conspiracy, four counts of tax evasion and corrupt interference with Internal Revenue law. WebCPA has the story: Kukhahn was convicted [...]
Tags: Absurd Tax Protester Arguments · News · Tax Crimes
Accounting Today reports that one of Switzerland’s oldest banks, Clariden Leu, has become the latest to cooperate with U.S. tax authorities in disclosing the names of American investors: The bank has begun notifying some of its U.S. customers that it plans to reveal their names and account information to the Internal Revenue Service, according to [...]
Tags: Announcements · International Taxation · IRS Audits · News · Tax Crimes
Fortunately, the Milwaukee Brewers surprising loss to the St. Louis Cardinals in the National League Championship Series has not blurred Milwaukee lawyer and blogger Brian Mahany‘s judgment in tax matters.¹ Mahany, proprietor of the law blog, Due Diligence, gives some excellent advice to prospective offshore investors in Looking to Evade Taxes? There are Still Plenty of People Willing to [...]
Tags: International Taxation · IRS Audits · Tax Crimes
Blake Ellis of CNNMoney writes about a woman who fraudulently claimed 20 child dependents on her income tax return: Tax fraudsters are getting more creative — and, in some cases, more daring. But the IRS is making it harder for them to get away with their tricks. Late last week, a Los Angeles woman pleaded guilty [...]
Tags: Individual Taxation · News · Tax Crimes
Paul Caron has the latest on Wesley Snipes’ Eleventh Circuit appeal: The U.S. Court of Appeals for the Eleventh Circuit today filed this 7-page opinion denying Wesley Snipe’s motions for a new trial and to interview jurors who convicted him on Feb. 1, 2008 of three counts of willfully failing to file tax returns. United [...]
Tags: Court Cases · News · Tax Crimes
