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Form 1120-S (Schedule K-1) Chandler Arizona: What You Should Know
The fraudulent filings are a type of identity theft. Sea Park 2015. Department of the Treasury. Internal Revenue Service, Internal Revenue Bulletin 2015-20. May 7. You've been the victim of a fraudulent corporation income tax return! The IRS and state tax agencies are taking your return very seriously. Don't wait to file as soon as they advise you that it's your turn. In most cases the filing fee is the same as it was for your previous, fraudulently filed federal income tax return. The time between the time the fraudulent return was filed and the filing date can mean that you miss paying some significant taxes. If you fall behind in filing your federal income tax return, the IRS may assess a penalty. Penalties may be as high as 30,000. But remember, the only thing you have to do is file your return, which you would have done anyway, and it doesn't have to be perfect: just a few mistakes and the IRS finds you guilty of fraud in the same manner that the company that filed your report has found the wrong person, then you will be penalized. It's a crime for anyone to commit any tax fraud — whether by committing the crime in person or by sending it over the Internet. In any case, it is important to keep in mind that you are at the mercy of those who commit fraudulent returns, especially if you are a victim of identity theft, because you have filed a fraudulent return yourself. If you're concerned about your personal safety at any time you file a false or fraudulent return, you should immediately notify the IRS and local government law enforcement.
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