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The amount of victims of tax-related identity theft has decreased since 2015 -- but it’s important to know how to report tax fraud, as it can still happen.
Tax fraud covers a range of activities, including filing a tax return under someone else’s Social Security number, altering a tax return without the taxpayer’s consent and failing to follow ...
With tax season in full swing, it’s crucial to be aware of fraud and scams that can cost you more than your tax return. Over the past two years, there have been over eight million suspicious ...
Not every fraud artist is a sketchy identity thief or faux Nigerian prince from the dark corners of the internet. In fact, you might end up committing accidental tax fraud or accidental tax evasion...
Intuit, the maker of TurboTax tax filing software, will pay a $141 million multi-state settlement “for deceiving millions of low-income Americans into paying for tax services that should have ...
Civil fraud: If the IRS believes you have committed tax evasion, but the offense is not considered criminal, you could face a penalty of 75% of the tax underpayment attributable to fraud.
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Intuit Consumer Tax Group headquarters in San Diego (where TurboTax is developed) TurboTax is a software package for preparation of American and Canadian income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct. [1]