The IRS Breaks Up Phone Scam Ring That Stole Hundreds of Millions of Dollars
After years of investigative work by the Justice Department and other governmental agencies, 21 individuals were sentenced in July, 2018 for defrauding over 15,000 victims from 2012 to 2016 in an elaborate phone scam operation. Indictments were also issued to 32 conspirators located in India. The scam worked like this:Â A person posing as an […]
Virginia Couple Tries to Outsmart the IRS and Gets Caught
Barry and Joan Edwards, from Concord, VA, who were convicted on one count of filing a fraudulent tax return, and one count of conspiring to structure cash transactions, were sentenced to prison time. Joanne Edwards was previously sentenced in May, 2018 and received a sentence of 18 months in prison and 3 years supervised release. […]
Presidential Tax Facts
Our modern day-federal income tax system was created by the Revenue Act of 1913, which was signed into law by President Woodrow Wilson on October 3, 1913. Social Security numbers were first issued by the Social Security Administration in 1935. The numbers were created to help administer Franklin Roosevelt’s New Deal Social Security Program, officially […]