2011 Dirty Dozen Tax Scams According to IRS, will be listed and explained to the informed Tax Payer.
# 9 Disguised Corporate Ownership - IRS Continues to monitor Corporate and other disguised entities formed and operated in certain states by requesting Employer Identification Numbers through third parties. Such entities under report income, take fictitious deductions, don't file tax returns, participate in listed transactions, launder money, and even finance terrorist activities. IRS is working with state authorities to bring such entities into compliance with us tax laws.
For Q & A, Call Kash @ Yajnik & Mehta Associates (925) 963 4891
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