Types of Tax Fraud
Tax fraud refers to the intentional engagement in illegal schemes in order to avoid paying taxes legally required by the federal government. Individuals and corporations who commit tax fraud may be subjected to both civil and criminal penalties.
There are a variety of methods employed by individuals and corporations to illegally avoid paying taxes. Some of the most common types of tax fraud include:
- Off shore accounts fraud
- Corporate tax fraud
- Employment tax fraud
- Money laundering tax fraud
- Abusive tax shelters
It is important to understand that tax fraud does not need to occur in order for the IRS to recover money. Under the Tax Whistleblower Program, an informant with knowledge of any form of tax underpayment, whether legal or illegal, may report this information to the IRS. If the IRS chooses to pursue your claim, you may be eligible to receive between 15-30% of all recovered funds including unpaid taxes, penalties, and interest, provided that the total recovery is at least $2 million.
The attorneys at Kenney & McCafferty have been handling tax fraud claims for more than a decade. We are committed to helping fight fraud against the government. Over the years, we have helped the federal government recover millions of dollars in unpaid taxes, resulting in lucrative rewards for our clients.
If you have knowledge of tax underpayment totaling more than $2 million, please contact our tax whistleblower attorneys today. Kenney & McCafferty will consult with you about your case, without obligation. All communications with Kenney & McCafferty attorneys regarding your case are confidential and protected by attorney-client privilege.
This entry was posted on Saturday, September 25th, 2010 at 12:10 pm and is filed under Abusive Tax Shelters, Corporate Tax Fraud, Employment Tax Fraud, Money Laundering Tax Fraud, Offshore Accouts Fraud. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.