Although most taxpayers are not deliberately trying to commit a crime by filing a “creative” tax return, or simply not filing a tax return, the reality is that such action, or inaction, can in fact lead to a criminal or civil fraud investigation. Although the statute of limitations for most tax crimes is six years, there is no statute of limitations for civil fraud.
The Treasury Inspector General for Tax Administration issued its findings today concerning the need to pursue criminal fraud or civil fraud penalties as part of closing the tax gap and obtaining revenue from taxpayers who either do not file returns, or do not file accurate returns.
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