If you’re a victim of a “Ponzi”-type investment scam then you know that dealing with investment fraud is no fun.  Did you know that you may be able to recoup 30% to 40% of your losses  under Internal Revenue Code Section 165?  We call it “Section 165 Representation” or Investment Fraud Representation.  Our professional tax team can help you amend prior years tax returns sometimes resulting in a reduction of taxes paid in those
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I would hope that everyone knows that filing a late, or delinquent, tax return is a much better choice than filing a false, fraudulent tax return.  Not everyone may know, however, that it is okay to file a delinquent tax return, no matter how late it is!  Tax Resolution Services, who has prepared well over 25,000 federal and multi-state tax returns for our clients, can help you file your delinquent tax return today!
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Facing back taxes can be overwhelming, but must be done!  Did you know that working through your back taxes owed doesn’t have to be done alone?  I recommend professional tax services to help you find tax relief.  Tax Resolution Services specialize in helping people resolve their tax debt one step at a time.   Remember that no one can avoid taxes.  Eventually the IRS will catch on to you like this attorney
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As I’ve blogged before, tax scams will only get you in trouble with the law!  If you are having tax problems, seek professional tax help.  Tax Resolution Services can help you find tax relief as we have helped many others.  Our tax help testimonials speak for themselves!  Our Offer in Compromise tax settlement rate is $0.13 on the dollar!  Read more about our tax relief road map - what to expect when resolving
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A Baltimore man was charged in connection with an international tax-fraud conspiracy that sought to obtain more than $35 million in federal and state income tax refunds using the identities of 3,300 federal prisoners.
Ten men, including the leader of the conspiracy, Marvin Berkowitz, 62, of Jerusalem, Israel, were indicted by a federal grand jury in Chicago after Berkowitz and the others were arrested in Israel and other locations throughout the
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As the economy grows gloomier, identity thieves are getting more desperate and creative to trick people into paying up. The latest IRS warning urges  people to be cautious of identity theft scams that involve using the IRS name, logo, and web address to fool people into believing the IRS is contacting them to request personal information.
Protect your finances and personal information from identity thieves by staying alert and cautious around
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Robert Henry Anderson, 59, of Bloomington, Ill., pleaded guilty to conspiracy to defraud the United States and to commit mail fraud.
According to the plea agreement, Anderson conspired with others to defraud the IRS through a fraudulent tax-credit scheme. The Internal Revenue Code permits producers of certain fuels from non-conventional sources to claim a tax credit if the fuels are sold to unrelated third parties. From 2003 through 2006, Anderson and
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Small business owners and sole proprietors have been identified as the largest group that is contributing to the increasing tax gap of $350 billion/year. It is extremely difficult for the IRS to investigate each small business owner to uncover tax evasion acts such as under-reporting income.
In the current economy, the astonishing yearly tax gap is alarming to policymakers who are desperately short of funds. They find that they cannot fulfill
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If you submit false documents in your tax returns, the IRS will impose severe tax penalties on you upon discovery. The money you save by trying to claim excess deductions (that are not entitled to you) is not worth the IRS trouble you will bring yourself.
CCH (http://tax.cchgroup.com) reports:
Individual Submitting False Documents Liable for Fraud Penalty
An individual who improperly claimed deductions for employee business expenses and who submitted false documents
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With people looking for ways to save money this year, the tax-scam artists are having a field day. But here are the 12 tax scams you are most likely to encounter
By Michael Rozbruch
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April 15 has come and gone. You can check off one more line in the Death and Taxes column.
But that doesn’t mean you should relax. With identity theft on the rise and scamsters preying on taxpayers looking for a
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I want to warn everyone about a new email tax scam that has been circulating. It is targeted at  “non-resident aliens” who are asked to fill out 2 official-looking IRS forms that are attached and fax them back to a 646 area code number.
The email header reads:

From: Internal Revenue Service [mailto:nonereply@irs.gov]
Subject: please see the attachment
According to the IRS web site:
A bogus IRS letter and Form W-8BEN (Certificate of Foreign
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Fayez Damra, aka Alex Damra, was sentenced to 21 months custody and three years supervised release. He was also fined $50,000 and ordered to pay $274,389 in restitution to the IRS.
Damra, 43, who resides in Henderson, Nev., was convicted by a jury of conspiring to defraud the United States in connection with an alleged conspiracy in which Fayez distributed funds from his computer software design corporation, known as Applied Innovation
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A FedEx pilot, charged with six counts of income tax evasion, pleaded guilty to one of those counts.
According to the indictment, Michael D. Mason, 51, of Cordova, Tenn., failed to file income tax returns for calendar years 2000 to 2004. Additionally, the indictment alleges that Mason failed to pay the IRS income tax due and owing and concealed or attempted to conceal his true and correct income from the IRS.
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Everyone is anxious for news of tax refunds and economic stimulus payments, right? Scam artists obviously think so.  “Just click the link in this e-mail”, the IRS official apparently requests. Scam artists are luring U.S. taxpayers with claims of information about upcoming refunds and payments to collect information they can use for identity theft.
In 2008, so far, taxpayers reported to the IRS more than 1,600 such e-mails, known as “phishing”
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My recent appearance on the WealthTV’s The Big Bizz Show had Russ, Sully and I realizing that IRS scams not only can catch you, but the experts too. As a Tax expert I have been dealing with the IRS and taxes for 11 years but even I am not immune to the IRS scams out there. Just the other day I received an email, complete with IRS logo saying if you click here we have $83 that
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