A new report released by the TIGTA accuses IRS agents of "looking the other way" while illegal immigrants were assigned false ITINs. A key member of the House's tax-writing committee is calling for Commissioner Shulman to resign.
A federal court in Florida has permanently barred Sharon Angulo and Claudia Zuloaga from preparing federal tax returns for others. The two had filed tax returns claiming tax refunds based on fake withholding.
The Justice Department has asked a federal court in Chicago to bar Bruce E. Grant from preparing tax returns. The suit alleges that Grant frequently fabricates business income and expenses to maximize EITC.
Alan Jonas, who was accused of writing 161 checks to himself from a church in Southington, an elderly woman suffering from Alzheimer's disease, and a nonprofit group, is now in jail after embezzling over $500,000.
Masood Chotani, a former CPA who spent the last three years as a fugitive in Pakistan, was arraigned July 12 on charges that he conspired to defraud the United States and made false claims for income tax refunds.
On July 10, a Newport News, Virginia, federal grand jury indicted Jeffrey Charles for conspiring with his daughter and son-in-law to defraud the United States, the Justice Department and the IRS announced.
"Doomsday prophet" Ronald Weinland was found guilty of federal tax evasion on June 13. It appears the jury didn't buy in to Weinland's excuse: he didn't pay his taxes because he believed the world was coming to an end.
BDO USA LLP (BDO) the seventh largest US accounting firm, agreed on June 12 to pay a civil penalty of $34.4 million to the IRS and forfeit $15.6 million to the US government as part of a deferred prosecution agreement.
Results of the IPT's Elder Investment Fraud and Financial Exploitation Survey reveal that 84 percent of respondents who deal with investment fraud/financial exploitation of senior citizens agree that the problem is getting worse.