Posts Tagged ‘Dependents’

Tax Relief for Parents

Friday, January 27th, 2012

Parents of children and those with dependents should keep in mind the tax relief benefits and deductions available to them this tax season. The IRS has issued a brief reminder to all parents to keep these tax relief tips in mind as they file their 2011 taxes:

Dependents: You can start claiming a child as a dependent the year they are born, so if you gave birth to little bundle in
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Lessons From the Tax Fraud Files: Do Not Claim 19 Non-Existent Dependents on Your Tax Returns

Tuesday, August 16th, 2011

California Women Faces 143 years in federal prison and fines totaling $5.6 million for tax fraud
This seems like a no brainer, however Norma Coronel of Livermore, California, thought she could outwit the IRS by claiming 19 non-existent children on her federal tax returns.
Coronel, who now faces 143 years in prison and $5.6 million in fines, claimed she had 19 children on the same day: Dec. 11, 2002 in Los
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