Category Archives: Fraud

Is that friendly tax pro really an undercover federal agent?

Today’s nominee for Stuff You Just Cannot Make Up: The New York Times reports that officers from more than three dozen agencies have posed as business people, welfare recipients, political protesters and–yes–even tax professionals, as part of undercover investigations.

“At the Internal Revenue Service, dozens of undercover agents chase suspected tax evaders worldwide, by posing as tax preparers or accountants or drug dealers or yacht buyers, court records show,” The Times reports.

I’d like to think that IRS officials are going undercover to help ferret out identity theft, which is becoming a huge issue for taxpayers who find out their Social Security Numbers have been stolen (usually when they try to file their returns), money laundering and other illegal operations. But as with all secret government programs, part of the problem here is that we don’t know what we don’t know.

“The Situation” is in a not-so-good tax situation

Did you know that “Jersey Shore” reality show personality Michael Sorrentino, aka “The Situation”, and his brother Marc, grossed almost $9 million in a variety of ventures over four years? Me neither, until I read the U.S. District Court indictment, reported inThe New York Times,charging the brothers with conspiracy and filing false tax returns. Michael…Continue Reading

$2 million tax refund equals 66 months in prison

She could have been Turbotax‘s Poster Child For Getting Your Maximum Refund–“I used Turbotax and got a $2.1 million refund!” The only problem is that there wasn’t much truthful about the Oregon tax return filed by Krystle Marie Reyes of Salem once you got to the lines below her name and the address where you…Continue Reading