REIT Taxes Avoid Taxes

Stopping Tax Fraud Is Like ‘Whack-A-Mole’: IRS Commissioner

Tax season is coming up, and since most people are intimidated by what can be a complex process, confusion leaves them open to be taken advantage of by con artists. Internal Revenue Service (IRS) commissioner John Koskinen, who was confirmed by the US Senate at the end of last year, specifically said that there has been an increase in the prevalence of identity theft being used in tax fraud, either to avoid paying taxes or to collect on someone else’s refund, and that identity theft tops this year’s Dirty Dozen list of tax frauds.

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