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Scams Fraud Internal Revenue Service

Foodman CPAs & Advisors

Organizaciones Benéficas Falsas: Advertencia De Estafa

Foodman CPAs & Advisors on

El 23/10/23, el IRS emitió una advertencia a los contribuyentes sobre las estafas de organizaciones benéficas falsas y cómo los donantes desprevenidos pueden en realidad estar contribuyendo a organizaciones benéficas falsas y...more

Foodman CPAs & Advisors

Fake Charities Scam Warning

Foodman CPAs & Advisors on

On 10/23/23, the IRS issued a warning to taxpayers regarding Fake Charities scams and how unsuspecting donors may actually be contributing to fake charities and not be able to deduct donations on their tax returns despite the...more

ASKramer Law

Digital Asset Theft Loss Deductions are More Complicated Than You Think

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Taxpayers can take a tax deduction with respect to “theft” losses that result from an illegal “taking of property” done with criminal intent. Among various other types of criminal activities, fraud is treated as theft under...more

Burns & Levinson LLP

Client Alert: IRS Scam

Burns & Levinson LLP on

Recently, the Internal Revenue Service warned taxpayers about a new scam rising in popularity – mailings regarding “unclaimed refunds.” Every year, scammers think of more creative ways to trick us into unwittingly...more

BakerHostetler

Crypto and NFT Firms Make Announcements; Treasury Interprets Crypto Reports; Crypto Enforcement Actions by CFTC, SEC, IRS, DOJ and...

BakerHostetler on

Exchange Reaches Agreement to Sell Assets; New Crypto Products Launch - In a press release this week, Voyager Digital, a cryptocurrency exchange that recently filed for Chapter 11 bankruptcy, announced that it selected the...more

Wiley Rein LLP

FTC Seeks Comment on Proposed Rule Prohibiting Impersonation Scams

Wiley Rein LLP on

On September 15, 2022, the Federal Trade Commission (FTC) issued a Notice of Proposed Rulemaking (NPRM) to promulgate a “Rule on Impersonation of Government and Businesses,” which would prohibit the impersonation of...more

Whitman Legal Solutions, LLC

A Modern-Day Beethoven and Government Impersonation Scams

Many times, scammers trigger fear in their victims by impersonating government officials and threatening adverse government action if money is not paid. This article discusses scams where fraudsters have impersonated...more

Robinson+Cole Data Privacy + Security Insider

Beware of Fundraising Scams Following Hurricane Harvey

Following the catastrophic flooding caused by Hurricane Harvey in the Gulf Coast, many local and national nonprofits quickly mobilized to respond to survivors’ immediate needs and begin planning for the long-term recovery of...more

Polsinelli

Regulators' Actions Against Charities that Swindled $187 Million from Donors Serve as Compliance Reminder

Polsinelli on

On May 18, 2015, the Federal Trade Commission (FTC) and 58 agencies from all 50 states and the District of Columbia filed a complaint charging four cancer charities and the individuals controlling them with allegedly...more

Ogletree, Deakins, Nash, Smoak & Stewart,...

Watch Out! Telephone Scams Targeting Foreign Nationals on the Rise

In recent weeks there has been an increase in telephone scams that are designed to fraudulently elicit money and personal information from foreign nationals. U.S. Citizenship and Immigration Services (USCIS) has warned...more

BakerHostetler

IRS Issues Warnings about Email and Telephone Tax Scams

BakerHostetler on

As the 2014 tax filing season progresses the Internal Revenue Service has issued warnings to taxpayers about convincing fraudulent email messages and telephone calls seeking payments or personal information that will enable...more

Burr & Forman

Burr Alert: Filer Beware - The Growth Of Fraudulent Tax Returns

Burr & Forman on

The filing of fraudulent tax returns resulting from identity theft is a growing business in America. If it wasn't bad enough that the criminals would try to get money out of your bank or use the information to purchase goods...more

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