I CAN HELP YOU AVOID FRAUD
Please check with me if you feel that you may be involved in a tax promotion that seems "too good to be true". I have extensive experience in identifying and investigating abusive tax schemes. I can help you avoid these schemes and protect you from unscrupulous tax promotions.
The Internal Revenue Service can impose a criminal penalty and criminal prosecution(brought to trial) for actions such as:
1. Tax Evasion
2. Willful failure to file a return, supply information, or pay any tax due,
3. Fraud and false statements, or
4. Preparing and filing a fraudulent return.
If there is any underpayment of tax on your return due to fraud, a penalty of 75% of the underpayment due to fraud will be added to your tax.
There are several types of civil penalties that may be imposed by the IRS for negligence or disregard of the rules and regulations or for substantially understating your income tax.
Penalties for Frivolous Tax Returns
You may be subject to and be required to pay a fine of $5,000 if you file a frivolous tax return or other frivolous submissions. A frivolous tax return is one that does not include enough information to figure the correct tax or that contains information clearly showing that the tax you reported is substantially incorrect.
You may have to pay the penalty if you filed this kind of return or submission based on a frivolous position or a desire to delay or interfere with the administration of federal tax laws. This includes altering or striking out the preprinted language above the space provided for your signature.
Failure to Supply Social Security Number
If you do not include your SSN or the SSN of another person where required on a return, statement, or other document, you will be subject to a penalty of $50 if you do not give your SSN to another person when it is required on a return, statement, or other document.