Show:
Tax Fraud Statistics
Name the Fraud
IRS Criminal Investigation
Top Tax Scams
Illegal Tax Shelters
100
In 2010, this many investigations were initiated by the irs rounded to the nearest thousand.
What is 2000
100
A man takes cash under the table and fails to include it on his tax return.
What is under-reporting of income
100
This many employees work in the criminal investigation unit of the IRS
What is 4,100
100
A tactic of sending fake emails used by Internet-based thieves to trick unsuspecting victims into revealing personal information they can then use to access the victims’ financial accounts.
What is phishing
100
In 2001, the agency received nearly 80,000 returns claiming more than $2.7 billion for this illegal tax shelter
What is SLAVERY REPARATION
200
In 2010 this many indictments were pursued by the justice department for tax fraud.
What is 1011
200
A woman states she has 4000 in education expenses when her actual expenses were much less.
What is overstating deductions
200
How many employees in the IRS are criminal investigation special agents.
What is 2,700
200
Promoters encourage people to make unreasonable and unfounded claims to avoid paying the taxes they owe
What is Frivolous Arguments
200
Promoters of this illegal tax shelter advise clients to create a home-based business and deduct the costs of the home.
What is HOME-BASED BUSINESS TAX AVOIDANCE SCHEMES
300
In 2010, this many individuals were sentenced for tax fraud.
What is 867
300
A man creates fictional entries in his books used as support for his tax return.
What is falsifying documents
300
The investigative jurisdiction of criminal investigation special agents in the IRS
What is tax, money laundering, and Bank Secrecy Act laws
300
Filing phony information on a return to replace a legitimate information return has been used as an illegal method to lower the amount of taxes owed. Typically, a Form 4852 (Substitute Form W-2) or a “corrected” Form 1099 is used
What is Falsifying documents to produce zero wages
300
Unscrupulous promoters sell expensive coin-operated pay telephones to individual investors, rather than businesses. As part of the sale, the company agrees to lease back and service the phones, usually for a fee. Investors also are incorrectly being advised that they are entitled to claim this credit of up to $5,000 on their individual tax return because the telephones have volume controls.
What is the Disabled Access Credit
400
For every investigation initiated by the IRS, how many are recommended to the prosecutors office to pursue.
What is 1090
400
A wealthy individual transfers his money earned to an offshore bank account which is not reported to the IRS.
What is hiding of assets
400
This/These agencies can investigate violations of the Internal Revenue Code.
What is the IRS
400
These scam artists make their money by skimming a portion of their clients’ refunds and charging inflated fees for return preparation services.
What is tax preparer fraud
400
The scheme is currently being marketed through seminars with fees of up to $1,000 or more per person. Would-be participants purportedly are told that these laws provide a “legal” way to escape paying federal income taxes, child support and other personal debts by hiding assets in a tax exempt entity.
What is Corporation Sole
500
The amount of months the average person committed of tax fraud spends in jail.
What is 33
500
A woman claims her groceries as expenses for her company.
What is reporting personal expenses as business expenses
500
The Criminal Investigation strategic plan is comprised of three interdependent programs
What is Legal Source Tax Crimes; Illegal Source Financial Crimes; and Narcotics Related and Counterterrorism Financial Crimes
500
Misuse includes arrangements to improperly shield income or assets from taxation, attempts by donors to maintain control over donated assets or income from donated property and overvaluation of contributed property.
What is Abuse of Charitable Organizations and Deductions
500
Under the typical promotion, an individual taxpayer supposedly resigns from his or her current employer or professional corporation and signs an employment contract with an offshore employee leasing company. The offshore company indirectly leases the individual’s services back to the original employer using a domestic leasing company as an intermediary. The individual performs the same services before and after entering into the leasing arrangement. This is used to escape two types of taxes
What is employment and income