{"id":4733,"date":"2012-02-28T16:32:00","date_gmt":"2012-02-28T16:32:00","guid":{"rendered":"https:\/\/evssolutions.com\/tax-fraud-beyond-the-home-office-deduction\/"},"modified":"2012-02-28T16:32:00","modified_gmt":"2012-02-28T16:32:00","slug":"tax-fraud-beyond-the-home-office-deduction","status":"publish","type":"post","link":"https:\/\/evssolutions.com\/insights\/tax-fraud-beyond-the-home-office-deduction\/","title":{"rendered":"Tax Fraud: Beyond the Home Office Deduction"},"content":{"rendered":"

When you think of tax fraud, images of inflated personal
\ndeductions, skipped payroll tax, or unreported offshore investments come to
\nmind. <\/span>The extreme tax evaders make
\nheadlines this time of year (think Wesley Snipes) and provide a little
\nentertainment while we collect W-9s and sweat out late-night Turbo Tax
\nsessions. <\/span><\/p>\n

<\/p>\n

According to the US government, wage and tax fraud being committed is rising at an alarming rate, and the criminals
\nare getting smarter. Instead of filing false information on their personal tax
\nreturns, theyll steal your identity and file a false return in your name. <\/span>By the time everyone figures out whats
\nhappened, a lovely (and fraudulent) check has been sent to the fraudster,
\ncourtesy of the US Taxpayer. <\/span>The
\nAP recently reported, twenty four percent of the 279,000 identity
\ntheft<\/a> complaints last year came from people concerned their Social Security
\nnumbers had been stolen and used to fraudulently file for tax refunds or apply
\nfor jobs. <\/span>Thats an 8% rise from
\nthe year before. <\/span><\/p>\n

The identity theft epidemic is evolving and now hitting the
\nIRS. <\/span>I have yet to see an
\nexplanation of what happens to the victims. <\/span>Are they on the hook to repay for the fraudulent
\nreturns? <\/span>The IRS isnt always
\nsympathetic. <\/span>Its becoming
\nincreasingly important for individuals keep their personal data secure and
\nmonitor credit bureaus routinely.
\n<\/span>Its even more important for the merchants and processors to ensure
\ntheir clients safety by deploying fraud prevention tools, like knowledge
\nbased authentication<\/a> to help ensure their clients information stays
\nsafe. <\/span><\/p>\n<\/p>\n

[Contributed by Jeff Davis, President & CEO]<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

When you think of tax fraud, images of inflated personal deductions, skipped payroll tax, or unreported offshore investments come to mind. The extreme tax evaders make headlines this time of year (think Wesley Snipes) and provide a little entertainment while<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[36],"tags":[],"class_list":["post-4733","post","type-post","status-publish","format-standard","hentry","category-identity-theft"],"acf":[],"_links":{"self":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4733","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/comments?post=4733"}],"version-history":[{"count":0,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/posts\/4733\/revisions"}],"wp:attachment":[{"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/media?parent=4733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/categories?post=4733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/evssolutions.com\/wp-json\/wp\/v2\/tags?post=4733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}