tax fraud

Schemes, Hamilton, Tubman, and Time

The US has launched an inquiry into Panama Paper-related tax schemes. The US attorney for the Southern District of New York, Preet Bharara, wants to speak with an employee of the International Consortium of Investigative Journalists about the law firm data leak behind the Panama Papers. Alexander

April 21, 2016Renu Zaretsky

Tax Fraud, Tax Cut Flaws, and Tax Incentives

On the Hill. Today the Senate Finance Committee will consider a bill to prevent identity theft and tax refund fraud, and the House Ways & Means Committee will mark up trade legislation . Yesterday the Senate voted to reauthorize the Federal Aviation Administration, and included the passenger

April 20, 2016Renu Zaretsky

Individual Taxes: TaxVox

The Scary New World of Tax Fraud

Back in the day—say 2011--tax fraud was pretty straightforward. Taxpayers deliberately understated income or overstated deductions to cheat the system for their own benefit. Not anymore. Now, a growing share of such fraud is about crooks using the identities of innocent taxpayers to steal money. If

May 14, 2015Howard Gleckman

: TaxVox

Apple, Phantoms, Roads, and Debt

Is the EU about to grab the Holy Grail? The European Union plans to launch a formal investigation into Apple’s tax arrangements in Ireland—described by Senator Carl Levin (D-MI) as “ the Holy Grail of tax avoidance ,” Reuters reports . The US Senate determined that Apple had cut billions from its

June 11, 2014Renu Zaretsky

Individual Taxes: TaxVox

Do Low-Income Taxpayers Cheat?

My blog last Tuesday on overblown concerns about people falsely claiming subsides under the Affordable Care Act’s insurance exchanges generated a lot of response. Much...

July 18, 2013Howard Gleckman

Individual Taxes: TaxVox

Billions in Tax Refund Fraud--and How to Stop Most of it

The Treasury may be losing as much as $5 billion a year from fraudulent tax refund claims—and most of that fraud is entirely preventable. The...

May 29, 2012Leonard E. Burman