by Levins Tax | Jun 5, 2022 | Uncategorized
Tax fraud is a term that encompasses a range of activities. The important distinction between tax fraud and an accidental error on a tax return is intention. Knowingly committing the following acts constitutes engaging in tax fraud, which carries potential large...
by Levins Tax | May 30, 2022 | Uncategorized
While most people think of tax fraud in terms of personal income tax filings, employment tax fraud is another prevalent issue in the state of Massachusetts. Employment tax fraud is a tax crime committed by a company against the state and federal government....
by Levins Tax | May 30, 2022 | Uncategorized
It can be an unsettling feeling to receive a letter from the Internal Revenue Service, especially when it doesn’t contain a check. While a letter from the IRS isn’t always bad news, it’s important to know what to do to avoid any potential issues. Why did the IRS...
by Levins Tax | May 12, 2022 | Uncategorized
Tax evasion is the deliberate non-payment or incomplete payment of taxes through a false declaration report to the tax authorities. Overstating losses and declaring fewer profits than the actual figures is criminal activity and could result in severe penalties. Some...
by Levins Tax | May 12, 2022 | Uncategorized
Tax evasion in the United States is more common than you might think. However, most people don’t know that it is a serious crime. This article will take a comprehensive look at everything you need to know about tax evasion, including what it is and the different...
by Levins Tax | Apr 29, 2022 | Uncategorized
Each year, every US citizen is required to submit their tax reports to the Internal Revenue Service (IRS). You end up either owing money or requesting a refund. After tax day, the IRS analyzes the submitted reports, and often, that’s it. But if the system finds...
by Levins Tax | Apr 22, 2022 | Uncategorized
When it comes to filing taxes, every little detail counts, and while the chances of receiving a wrong assessment are slim, it can happen. According to IRS, some of the most common errors made when filing taxes resulting in tax assessment include the following:...
by Levins Tax | Apr 15, 2022 | Uncategorized
The possibility of facing a tax audit by the IRS can be intimidating and overwhelming. Many individuals are, therefore, worried about making mistakes when filing taxes. A mysterious meeting with the IRS can never be good news for anyone. Luckily, you can work towards...
by Levins Tax | Apr 12, 2022 | Uncategorized
The Internal Revenue Service (IRS) has a variety of methods to address taxpayers who do not file accurate tax returns or do not submit a return. Among them, the federal agency can deny an application for a U.S. passport or revoke an existing one. The IRS can also...
by Levins Tax | Apr 4, 2022 | Uncategorized
A billionaire is trying to get the court to accept a $1.45 billion from his family trust. The payment would be in exchange for the IRS relaxing liens on his family and assets. U.S. vs. Robert Brockman Robert Brockman is the defendant in the country’s largest tax...
