Claiming False Tax Deductions on Your Tax Return Will Bring Severe IRS Penalties
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 at trial was liable for the fraud penalty. The false documents were ostensibly from the taxpayer’s employer and stated that the employer did not have an expense reimbursement policy for employees. However, the IRS established that the employer did have a reimbursement policy and that the taxpayer had received reimbursement for his expenses. Thus, the IRS provided clear and convincing evidence that part of the taxpayer’s underpayments for the years at issue was due to fraud and the taxpayer failed to establish that any portion of the underpayments was not due to fraud.
If you find yourself at odds with the IRS, you are entitled to legal tax representation. Contact our specialized staff of tax attorneys, CPAs, EAs and tax professionals. Visit the Tax Resolution Services web site for a free tax relief consultation or call us at 866-IRS-PROBLEMS.
More Tax Help, IRS News and Tax Relief Tips:
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Tags: delinquent tax returns, failure to file, FALSE TAX RETURNS, filing false federal tax return, IRS audits, IRS debt, IRS help, IRS problem solver, irs problems, IRS tax problems, Michael Rozbruch
July 28th, 2009 at 9:34 am
[...] in IRS trouble because they mis-categorize personal expenses as business expenses. This is a tax crime and is severely [...]