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The Online Advisor

May 2008

What's New in Taxes

Tax scam warnings


The Justice Department's Tax Division recently announced the creation of a national "tax defier" initiative to "investigate, pursue, and, where appropriate, prosecute those who take concrete action to defy and deny the fundamental validity of the tax laws." The IRS reminds taxpayers to be wary of scams and promises to avoid paying taxes that seem too good to be true, saying "There is no secret formula that can eliminate a person's tax obligations."

Taxpayers also need to be alert to tax-related scams designed to steal their identity for fraudulent purposes.




For details or for assistance with your tax planning, give our office a call.

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