Tax Fraud

DEFINITION of Tax Fraud

Tax fraud occurs when an individual or business entity willfully and intentionally falsifies information on a tax return in order to limit the amount of tax liability. Tax fraud essentially entails cheating on a tax return in an attempt to avoid paying the entire tax obligation. Examples of tax fraud include claiming false deductions; claiming personal expenses as business expenses; using a false Social Security number; and not reporting income.

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Business Fraud Tax Fraud

Virginia Businessman Pleads Guilty to $5 Million Employment Tax Fraud and Illegal Firearm Possession

Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, July 19, 2019 A Dulles, Virginia, equipment rental business owner pleaded guilty today to employment tax fraud and illegally possessing a firearm, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s Tax Division and United States Attorney G. Zachary Terwilliger […]

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