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Bankruptcy
 
 

Notorious Tax Scams


1

Trust Misuse

2 Frivolous Arguments
3 Return Preparer Fraud
4 Credit Counseling Agencies
5 "Claim of Right" Doctrine
6 “No Gain” Deduction
7 Corporation Sole
8 Identity Theft
9

Abuse of Charitable Organizations
and Deductions

10 Offshore Transactions
11 Zero Return
12 Employment Tax Evasion

Zero Return

Promoters instruct taxpayers to enter all zeros on their federal income tax filings. In a twist on this scheme, filers enter zero income, report their withholding and then write “nunc pro tunc”–– Latin for “now for then”––on the return.

 

 

 

 

 

 

 

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