Tax Fraud

Protect Yourself From Tax Preparer Fraud

Posted on: February 6th, 2015
Each year our tax attorneys in Chapel Hill review common tax scams. One particular scam the Internal Revenue Service is highlighting this tax season concerns tax preparer fraud....

Look Out For Tax Scams

Posted on: February 4th, 2014
Fraudulent companies and individuals take advantage of American taxpayers every year. The tax scammers use deception—and commonly prey on elderly persons—to acquire sensitive personal information....

The Dirty Dozen – 12 Tax Scams to Beware of in 2012

Posted on: February 16th, 2012
The IRS has released its annual list of tax scams for taxpayers to watch out for – review this list to help educate and protect yourself. Believe it or not, the IRS wants to help!...

IRS Extends Deadline for Offshore Voluntary Disclosure

Posted on: August 29th, 2011
Due to Hurricane Fran, the IRS has extended the deadline for the Offshore Voluntary Disclosure Initiative for foreign accounts to September 9, 2011. ...

IRS Warns of 12 Current Tax Scams

Posted on: April 7th, 2011
WASHINGTON –– Hiding income in offshore accounts, identity theft, return preparer fraud, and filing false or misleading tax forms top the annual list of “dirty dozen” tax scams in 2011, the Internal Revenue Service announced today....

IRS Says Beware of Frivolous Tax Arguments

Posted on: March 4th, 2011
WASHINGTON — The Internal Revenue Service today released the 2011 version of its discussion and rebuttal of many of the more common frivolous arguments made by individuals and groups that oppose compliance with federal tax laws....

The 2010 “Dirty Dozen” List of Tax Scams

Posted on: March 16th, 2010
From IR-2010-32: WASHINGTON — The Internal Revenue Service today issued its 2010 “dirty dozen” list of tax scams, including schemes involving return preparer fraud, hiding income offshore and phishing. ...

The Truth about Frivolous Tax Arguments

Posted on: December 2nd, 2009
Have you ever heard a friend, neighbor, or colleague state that they had found a way to get around paying income taxes, or that certain taxes weren’t really legal? Don’t believe them – many people, including several wealthy actors, have gotten into trouble with the IRS that way....

IRS Extends Deadline on Foreign Account Reporting

Posted on: September 21st, 2009
From IR-2009-84: WASHINGTON ─ The Internal Revenue Service today announced a one-time extension of the deadline for special voluntary disclosures by taxpayers with unreported income from hidden offshore accounts. These taxpayers now have until Oct. 15, 2009. ...

IRS Lists 4 New Frivolous Positions to Avoid

Posted on: January 17th, 2008
The IRS recently published a notice naming four new frivolous income tax claims: Misinterpretation of the 9th Amendment to the U.S. Constitution regarding objections to military spending....

NC Attorney Rick Graves Found Not Guilty of Tax Fraud

Posted on: April 16th, 2007
In an October 2006 posting, I reported that North Carolina attorney Rick Graves was indicated for tax fraud. I am pleased to report that last week he was found "not guilty" by unanimous jury verdict, and acquitted of both charges of federal tax fraud....

Wesley Snipes Indicted for Tax Fraud

Posted on: October 17th, 2006
Newsday reported today that actor Wesley Snipes has been indicted for federal income tax fraud for claiming $12 million in refunds for 1997 and 1997. Today is also the 75th anniversary of the date that mobster Al Capone was sentenced to 11 years in prison for income tax evasion....

NC Attorneys Indicted in Offshore Trust Tax Fraud Case

Posted on: October 6th, 2006
Two NC attorneys face jail for helping clients dodge taxes. While they can be useful in asset protection under the right circumstances, Offshore Trusts cannot legally avoid taxes for U.S. citizens! ...