United States Attorney Benjamin B. Wagner announced that Darrian Jeffrey Summers, 40, of Taft, pleaded guilty today to conspiracy to commit wire fraud and mail fraud for his involvement in a scheme to defraud individuals and businesses by means of a phony debt collection scheme. According to the plea agreement, Summers was a salesman for […]
IRS stepping up tax audits
June 25, 2014 by
Whatever the reason, the federal government is stepping up income tax audits. The good news — and bad news — is that audits are increasingly being completed by correspondence, said Gary Iskowitz, a Los Angeles certified public accountant who serves on the IRS’ Tax Advocate panel. “Over 80% of the audits are going to be […]
IRS staff committed tax credit fraud
June 25, 2014 by
More than 100 employees of the Internal Revenue Service cheated the government by fraudulently claiming a first-time homebuyer tax credit included in the 2008 and 2009 economic stimulus packages, according to federal investigators. The Treasury Department’s inspector general for tax administration, in several reports over the past few years, has identified a total of 128 […]
