Florida Lawyer Gets 8 Years in Prison for Fraudulent Charity Tax Claims
A Florida attorney was sentenced today to eight years in prison for conspiring to defraud the United States and tax evasion.
A Florida attorney was sentenced today to eight years in prison for conspiring to defraud the United States and tax evasion.
Despite chronic and pandemic-specific challenges however, the IRS is making strides in returning to business as usual.
Unscrupulous preparers who include errors or false information on a tax return could leave a taxpayer open to liability for unpaid taxes, penalties and interest.
Fraudsters and identity thieves attempt to trick the recipient into clicking a suspicious link, filling out personal and financial information or downloading a malware file onto their computer.
As previously scheduled by the IRS, the voluntary disclosure program has come to an end. Through its various compliance efforts, the IRS has addressed over $1 billion in erroneous ERC claims.
Note that a QDRO may be used for qualified plans, like 401(k) or pension plans, but this option isn’t available for IRAs. IRAs are subject to other rules.
They loaded up on Lamborghinis, Porsches, Teslas and Bentleys and stocked their jewelry boxes with diamond- and gold-studded necklaces, bracelets and watches. South Florida was a fraudster’s feast.
The Internal Revenue Service has issued Notice 2024-30 that expands certain rules for determining what an energy community is for the production and investment tax credits.