Fraud - What IRS Looks for and How You Should Avoid It?
A former IRS Revenue Officer and Fraud Technical Advisor describes what indicators IRS employees look for as evidence of various tax crimes and how practitioners should be aware of those same indicators so they can get the problem fixed before IRS finds it, prevent the client from committing fraud in the first place or recognize when it is in their best interest to disengage if the client won’t cooperate. Areas CoveredTax crimes Indicators of fraudConsequencesWho Should Attend Anyone who needs to be aware of possible tax fraud by a client.Why Should You AttendYour clients may not tell you everything. They may even lie to you. Or at least shade an issue is a way that is not going to pass muster in an audit. As a practitioner you need to be able to understand what IRS front line civil employees will look for as “badges of fraud” and make sure your client’s tax returns or other documents contain none of them. Topic Background What IRS employees look for before in a potential fraud case as a guide to practitioners to prevent clients from committing fraud?
A former IRS Revenue Officer and Fraud Technical Advisor describes what indicators IRS employees look for as evidence of various tax crimes and how practitioners should be aware of those same indicators so they can get the problem fixed before IRS finds it, prevent the client from committing fraud in the first place or recognize when it is in their best interest to disengage if the client won’t cooperate.
Areas Covered
- Tax crimes
- Indicators of fraud
- Consequences
Who Should Attend
Anyone who needs to be aware of possible tax fraud by a client.
Why Should You Attend
Your clients may not tell you everything. They may even lie to you. Or at least shade an issue is a way that is not going to pass muster in an audit. As a practitioner you need to be able to understand what IRS front line civil employees will look for as “badges of fraud” and make sure your client’s tax returns or other documents contain none of them.
Topic Background
What IRS employees look for before in a potential fraud case as a guide to practitioners to prevent clients from committing fraud?
