Tax fraud

The Treasury Inspector General for Tax Administration issued a warning Thursday as millions of taxpayers raced to meet the October 15 deadline for tax extensions that although it is making some progress in its investigation of a phone fraud scam perpetrated by individuals misrepresenting themselves as Internal Revenue Service employees, taxpayers should continue to beware of these fraudulent phone calls.

The married owners of a Louisiana tax preparation business are facing dozens of felony charges for a fraud scheme that cost taxpayers hundreds of thousands of dollars.

At a rate of one or two a week, Swiss banks are doing what was once unthinkable: revealing to the world how they helped wealthy Americans cheat on their taxes.

A roundup of our favorite recent tax fraud cases.

The Internal Revenue Service has issued a consumer alert about possible fake charity scams emerging due to severe flooding this month in South Carolina and neighboring states.

Sen. Ron Wyden, D-Ore., the ranking member of the Senate Finance Committee, sent a letter to Treasury Secretary Jack Lew urging him to recover the tax benefits earned by Volkswagen for the cars it sold that turned out to have their emissions tests rigged, but without penalizing the taxpayers who had purchased the supposedly energy efficient vehicles and claimed tax credits for them.

The leaders of the Senate Finance Committee are asking Volkswagen about the federal tax credits given to buyers of its vehicles for owning energy-efficient cars, amid revelations that the automaker programmed its devices to cheat emissions tests.

Former UBS AG executive Hansruedi Schumacher, who pleaded guilty to helping Americans dodge taxes and testified at trial against his former boss, was sentenced to five years of probation by a judge who granted him leniency.

A roundup of our favorite recent tax fraud cases.

The Senate Finance Committee held a hearing on improper payments, including what role is played by tax preparers in claiming the Earned Income Tax Credit on behalf of clients.

A roundup of our favorite recent tax fraud cases.

A revenue agent for the Internal Revenue Service was arrested for accepting payment from a Seattle marijuana dispensary owner after allegedly soliciting a bribe.

The Internal Revenue Service is testing a new Return Review Program to help identify instances of tax return fraud, but the security of the system needs improvement, according to a new government report.

Some of our favorite recent tax fraud cases.

In its hunt for tax cheats, the U.S. Internal Revenue Service is headed to Belize.

Some of our favorite recent tax fraud cases.

A roundup of our favorite recent tax fraud cases.

Schroders Plc’s Swiss bank will pay a $10.4 million penalty to avoid prosecution under a U.S. program that requires participating firms in Switzerland to say how they helped American clients avoid taxes.

One of the leaders of the Senate’s main tax committee is sounding the alarm about proposed budget cuts at the Internal Revenue Service and warning that it could encourage identity theft, tax evasion and tax fraud by crime syndicates.

A California CPA has admitted to abusing his positions at a worship center in New Jersey and a nonprofit in California to steal more than $4 million.