IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters
Author: Business Tax Recovery
The IRS announced today that it has obtained civil injunctions against more than 100 promoters of illegal tax avoidance schemes and fraudulent return preparers in an ongoing crackdown that began in 2001. Many of the injunctions, obtained in cooperation with the Department of Justice, also order the promoters to turn over client lists and to cease preparing federal income tax returns for others.
Signaling a renewed fight against tax fraud, the federal government stepped up the use of civil power four years ago. Civil injunctions have subsequently been used to stop:
1. Abusive trusts that shift assets out of a taxpayer's name but retain that taxpayer's control ove...
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