Tuesday, October 6, 2015

Undisclosed Foreign Assets & Accounts - Final Opportunity In India Black Money . | Lance Wallach | LinkedIn

Undisclosed Foreign Assets & Accounts - Final Opportunity In India Black Money . | Lance Wallach | LinkedIn

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    Abusive Tax Shelters Again on the IRS “Dirty Dozen” List of Tax Scams for the 2015 Filing Season
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    IR-2015-19, Feb. 3, 2015
    WASHINGTON — The Internal Revenue Service today said using abusive tax shelters and structures to avoid paying taxes continues to be a problem and remains on its annual list of tax scams known as the “Dirty Dozen” for the 2015 filing season.
    "The IRS is committed to stopping complex tax avoidance schemes and the people who create and sell them," said IRS Commissioner John Koskinen. "The vast majority of taxpayers pay their fair share, and we are warning everyone to watch out for people peddling tax shelters that sound too good to be true.”
    Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter anytime but many of these schemes peak during filing season as people prepare their returns or hire people to help with their taxes.
    Illegal scams can lead to significant penalties and interest and possible criminal prosecution. IRS Criminal Investigation works closely with

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