People, some of whom you wouldn’t expect, are sometimes caught up in the web of tax fraud.
A former president of Stone Child College and her husband were sentenced to five months in prison after striking a deal to plead guilty with federal prosecutors. They were charged with filing a fraudulent 2012 tax return that reported business losses and expenses totaling more than $145,000.
Prosecutors agreed not to press charges against fraudulent tax returns the couple filed dating back to 2009.
The IRS remains ever vigilant in trying to prevent fraudulent tax returns from being paid. From 2011 through 2014, it’s estimated that the IRS has been able to prevent 19 million suspicious tax returns forms from being filed. This equates to a staggering $63 billion dollars that was prevented from being stolen.
No doubt, the tax system is a complex maze for millions of people. This is why it takes a qualified and skilled tax professional to help people navigate it in a legal manner. You can never tell when you’ll have to deal with a challenging tax problem. It’s wise to have access to a qualified tax attorney that help you through the challenging times.
Check out more IRS News stories by clicking that link.
Law Offices of Darrin T. Mish, P.A.: Tax Attorney