Thursday, November 15, 2018

An Overwhelming Sense of Entitlement

One of the most concerning aspects of tax return scams is how easily personal information is fabricated. This particular alleged fraudster was not only helping himself to the first-time home buyer tax credit but he was helping others scam the government too. He claimed...

Guest Writer: Margaret Fulton

Whose Tax Payment Is It Anyway? Keeping up with fraudulent techniques is a daily activity at the New Hampshire Department of Revenue (''NHDRA''). NHDRA has, with the help of our embedded IT team and thought-provoking articles published via The Fraud of the Day, risen to...

Tax Refund Fraud – Potentially a $26 Billion Problem over the Next Five Years

Tax season is over, but the problem of tax refund fraud remains. In fact, the troubles may just be beginning for those who have recently had their tax refunds stolen. And, according to a story from CNN.com, the government has a lot of work...

Miami is Bringing the Heat

If you're a basketball fan, you've probably heard the phrase: ''Miami is bringing the heat.'? Or, maybe you've heard the phrase on the weather news during the dead of summer. According to a CBS Miami article, the phrase is taking on new meaning for...

They call it the ”’Crack Cocaine of Crime”’

As regular ''Fraud of the Day'' readers know, my commentaries usually are based on articles about fraud; but this one is a little different. Today, I'm highlighting a video (and corresponding blog) from a recent CNN Presents segment about tax refund fraud. The segment...

Supermarket Special

Today, shoppers can accomplish multiple tasks at their local supermarket, while saving time and money. Shoppers can pick up everything they need for a tasty meal, fill a prescription, and even withdraw money or deposit a check at their bank branch located near the...

A Decade in Jail

A decade is a long time. Whether you're thinking back over key milestones (e.g., your kid starting high school, graduating, going on to college, starting his/her first job, etc.) or counting down the days until a decade of jail time is over, you'll likely...

Starving Artist

Stolen Identity Refund Fraud (SIRF) is estimated to cost the U.S. Treasury more than $2 billion a year. This type of fraud involves using stolen Social Security Numbers and personal identifying information to file false tax returns with the Internal Revenue Service. In today's...

The Name of the Game

We've all played games, whether it's kickball in the school yard, craps at the casino or the newest alien warfare video game. And, we've all learned the lesson that not every game is fair, even if there are rules that need to be followed....

Guest Writer: Mark C. Cooke

The Problem with Tax Systems The problem with tax systems is non-abrogative exploitation. In other words, it's the shades of grey that force systems to evolve. Or, rather, force them to devolve. The more ''creative interpretation'' that exists, the more statutory language is required. However,...
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