fraudulent tax return – Elevated Law

A Warning to the Tax Preparer Part III

A Warning To The Tax Preparer Part II

Part one discussed a prominent risk tax preparers face, specifically investigation, prosecution, and indictment for counseling, aiding, or assisting the filing of a false or fraudulent tax return. Now that this common risk is demystified and explained, and to better grasp the IRS’s perspective, it is crucial to understand the relevant law from the Internal Revenue Code and the guidance from the IRS.

A Warning to the Tax Preparer Part I

Everyone hates taxes. Whether it be preparing taxes, filing taxes, or paying taxes, the only light at the end of the tunnel (obviously besides avoiding penalties and possible jail-time) is a potential tax refund. Unfortunately for those helpful tax preparers out there, that tax refund is a strong incentive for the taxpayer to fudge numbers to get more money.