The penalty for filing a false tax return can be steep, and including monetary fines and prison time. Learn the risks of filing a false return.
The penalty for tax evasion is no joke. There are civil consequences (like fines and penalties) and criminal consequences (like prison time).
The IRS has an extended statute of limitations to go after fraudulent transfers. This helps them collect past due tax debt.
Unfortunately, IRS penalties and interest are not tax deductible. Learn about the different type of IRS penalties.
The IRS Whistleblower Program is a safe way to report those who violate tax laws – and you might get a reward for your information.
The Trust Fund Recovery Penalty (TFRP) is an IRS priority enforcement area. Non-compliance can lead to penalties and even jail time.
What increases your chances of getting audited? Learn about the IRS audit triggers that will put you on the IRS’s radar.
Normally the IRS has three years to audit. But in some cases they can go back six years – or even farther if they suspect fraud.
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