Choose an area of interest:
Search 

Choose an area of interest:


IRS Debuts Tax Scam Web Page


WASHINGTON, May 9, 2002 The Internal Revenue Service has created an updated Criminal Investigation Web page on schemes and cons to keep taxpayers alerted to the latest scams.



The redesigned page on Tax Fraud Alerts is available on the IRS Web site, www.irs.gov, by clicking on "Tax Scams/Fraud Alerts" from the homepage. Click here for a direct link.

IRS Commissioner Charles O. Rossotti said, "identifying and combating actively promoted tax schemes" is the agency's "highest compliance priority." Rossotti said the money lost to the Treasury is "clearly substantial."

In fact, the IRS announced last month it mistakingly paid out $30 million in erroneous slavery reparation refunds in 2000 and 2001. The agency earlier this year released a list of 12 common tax scams to be on the lookout for.

The updated Tax Fraud Alerts page provides taxpayers links to such news items as recent civil and criminal actions against scam promoters and participants by the Department of Justice. The page also links taxpayers to recent IRS news items about the agency's enforcement efforts and warnings about common tax scams.

The IRS warns taxpayers to beware of the tax-savings pitch that sounds too good to be true. Taxpayers should seek expert advice before they subscribe to any scheme that offers promises of instant wealth or exemption from taxes.

Said Mark Matthews, IRS Criminal Investigation chief, "This new page will help protect taxpayers by keeping them informed. We don't want taxpayers to get caught up in these schemes, which are costly to all Americans."

Have an opinion on this topic? To add your voice to Letters to the Editor, write editor@smartpros.com. All letters become the property of SmartPros and may be edited for space, clarity, relevance and fairness upon publication.

 

2002 SmartPros Ltd. All rights reserved.

Related Stories
 
 
IRS Warns of Identity Theft Scheme

IRS Invites Taxpayers to Apply for Taxpayer Panel

IRS Further Simplifies Distribution Rules for Retirement Plans

  Related Courses
 
Professional Education Center


 
Would you recommend this article?
5 (yes, highly)
4
3
2
1 (no, not at all)
Comments:


 
 
About SmartPros | Accounting Products | Professional Education | Marketing Services | Consulting | Engineering Products | Contact Us
2009 SmartPros Ltd.