Tax Alerts: Fraud of Filing False Tax Returns Exposed
Last updated on July 6, 2021
Alerts concerning tax fraud include cases of filing fraudulent tax returns by scammers and individual taxpayers. Among tax scams that do not involve seasoned scammers, tax fraud concerning tax returns is most common. Filing false tax returns is a tax fraud that can be done by falsifying details to be filled in a tax return form. Taxpayers can simply bloat income figures to pocket huge tax refunds.
The ease of this tax fraud hides its repercussions. Many taxpayers who committed this fraud ended up in prison for cheating the government. Because individual taxpayers are not seasoned criminals, they are seldom able to hide their fraud and are easily caught when the IRS conducts an investigation. Tax alerts for fraudulent tax returns covers some of the cases of filing false tax returns that were intended to bring millions in tax refund.
Filing false tax returns is so easy that it can even be done from the prison or home. A case of a prisoner of the New York prison made headlines when it was discovered he had been filing fraudulent tax returns from various prisons. His fraud was discovered after he received a refund from the IRS which was intercepted by the prison authorities.
A woman of twenty-five tried to cheat the IRS off millions of dollars by filing false tax returns. She bloated her income figures to claim a tax refund that ran into millions. Her fraud was detected by the IRS and she was imprisoned for the tax fraud. The essence of alerts for tax fraud in filing false tax return is that tax fraud only leads to one place: the prison.
Although filing false tax returns is simple, its results are disastrous. It is a tax crime that tempts many taxpayers who have no record of tax fraud. Tax alerts bring taxpayers information that will help them in staying safe from tax fraud that can hurt them.
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