|
|
|
|
|
|
Tax Fraud
Tax Professional Preparer Scams
Unscrupulous tax professionals who bilk clients are near the top of list also. Unethical, so
called tax professionals make money off of customers by diverting a portion of the taxpayer's
refund for their own benefit. They also tend to charge larger fees for their services and
increase their clientele by advertising guaranteed larger refunds.
Keep this in mind when
looking for someone to prepare your return and don't forget that no matter who prepares the
return, the taxpayer is ultimately responsible for all of the information on the 1040.
Looking Good - at your expense
Every tax preparer wants to find value for their client. Most find ways to do this legally but
a few tax preparers cross the line and either inflate your expenses, give you deductions they
shouldn't, credits that aren't allowed or excessive exemptions. Many shady tax preparers will
combine all of those to present you with a tax return that pleases you.
Why not? Once you've
crossed the line you might as well go for it. The trouble is that even if you are unaware of
your tax preparers ethical lapses, you are still responsible for what you send to the IRS. When
you choose someone to do your taxes for you check their background. Ask for refernces. Ask your
friends who does their taxes and whether or not they're happy with their work.
Remember, a tax preparer can both save you a lot of money and get you into a lot of trouble.
Read more about tax preparation fraud:
Tip of the Day: April 2 - Select a Tax Preparer You Trust!
Tip of the Day: April 4 - How to Hire a Good Tax Preparer
More Tax Fraud Links:
IRS Free Online Filing
The "Dirty Dozen" Tax Scams
Tax Scams - How to Recognize and Avoid Them
|
|
|
|
|
|
|
This site is protected under both U.S. Federal copyright law and international treaties. No part of this site,
including text, layout or images, may be reproduced or copied in any form or by any method.
|
