What Fraud Victims Need to Know About Claiming Theft Loss Deductions under Section 165: Be Prepared to be Audited
I was recently asked to write an article for CPEthink.com, an organization dedicated to providing industry-leading online Continuing Professional Education (CPE) and Professional Development courses and exams for CPAs, licensed professionals, general practitioners, and individuals.
My article discussed how victims of investment fraud are turning to Uncle Sam for relief – but they should be ready to face increased IRS scrutiny. I’ve blogged before about how Section 165 of the IRS Tax Code can help taxpayers seeking investment fraud recovery and the importance of expert specialized audit representation when dealing with the IRS during this process.
Read the full article and find out more about investment fraud recovery here: What Fraud Victims Need to Know About Claiming Theft Loss Deductions under Section 165: Be Prepared to be Audited.
For more advice and information on investment fraud recovery, contact our specialized staff of tax attorneys, CPAs, EAs and tax professionals. You can visit the Tax Resolution Services web site for a free tax relief consultation or call 866-477-7762.
More Tax Help, IRS News and Tax Relief Tips:
- New IRS “Safe Harbor” Guidelines for Ponzi Victims Filing Tax Theft Loss Deductions
- Relief for Victims of Investment Scheme – Deducting Investment Tax Losses Can Help Madoff Fraud Victims Recover Their Financial Losses
- What Safe Harbor Really Means for Ponzi Victims – IRS Estimates it will Refund Fraud Victims $17 Billion, But Not Without a Fight
- What Everyone on Madoff’s 162-Page Client List Should Know About Recovering Losses through Tax Deductions
- Tax and Planning Implications for Madoff Ponzi Scheme Victims
Tags: audit representation, cpethink.com, fraud recovery, investment fraud, investment fraud recovery, investment fraud victims, IRS 165, Michael Rozbruch, seciont 165, tax expert, tax resolution expert, tax resolution services, Tax Tips, theft loss deduction