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5-21-2013 6:25:02 PM
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5-8-2012 5:56:00 PM
Criminals who file fraudulent tax returns by stealing people's identities could rake in an estimated $26 billion over the next five years because the IRS cannot keep up with the amount of the fraud, Treasury Inspector General J. Russell George said Tuesday.
5-20-2013 5:11:54 AM
From a restaurant owner who hid cash receipts in "seasoned octopus" boxes to a self-proclaimed governor of Alabama who buried gold coins in his yard, here are some of the wildest tax fraud investigations the IRS has undertaken in the past year.
Small / Home Based Businesses
Small/home-based businesses are a vital to the U.S. economy. These organizations create 80% the new jobs in America and account for nearly 40% of the private sales. Whether they are farmers exploring new agro-tourism opportunities, start-up companies in high technology or micro-business entrepreneurs offering services from their homes, small and home-based businesses fuel economic growth in communities, including rural ones, where more traditional job opportunities are declining. Many of those communities are adjusting to changing market, environmental and policy forces.
Tahitian Noni International
Tahitian Noni International (TNI) is dedicated to improving the lives of its customers by producing the most innovative, highest-quality noni-based products possible. They opened their doors in July 1996 with a single product—TAHITIAN NONI® Juice. TNI knew the health benefits of noni were powerful, but nothing could have prepared them for the explosive growth that followed. The effectiveness of TAHITIAN NONI products has led to incredible growth and expansion. Their first year’s sales totaled well over $6 million. Currently, their yearly sales exceed $500 million. Tahitian Noni International does business in over 70 countries and has a wide offering of noni-based products, including healthy menu selections found at seven Tahitian Noni Cafés™ worldwide.
They have adopted the heritage of Tahiti as their own and do all they can to preserve the purity of her lands and people. The Tahitians are TNI’s full partners in bringing the benefits of noni to the world, and their economy has benefited tremendously from the jobs and growth the noni fruit has produced. If you are interested in learning more about TNI, click on the following link.
United First Financial (u1stfinancial.com)
United First Financial is an innovative company that helps American homeowners reach their financial goals. Their interest reduction solution puts the deed of your home in your hands in a fraction of the regular time by utilizing banking strategies which have been around for decades. Qualified homeowners using the Money Merge Account system can now potentially pay off their mortgage in as little as 1/3 to 1/2 the regular time – with little to no change to their day-to-day spending habits and without increasing their minimum required monthly mortgage payments. The Money Merge Account (MMA) is designed to accomplish this important objective. Click here to address issues related to u1stfinancial and the MMA. Click here for a risk-free personal analysis.
VMdirect launched HelloWorld!, the first complete system on the market that has actually integrated video with a complete groupware e-mail system. In other words, the HelloWorld portal is a one-stop solution for everything from integrated email and video email to calendars, sports, news and more. The VMdirect turnkey business comes complete with up-to-the-minute real time commission reports, marketing materials, video tutorials, daily news updates, the most complete real-time business reports in the industry, and so much more. Click on the following link to examine the plan that works best for you and become a VMdirect Affiliate today!