According to the IRS, tax fraud is defined as “an illegal act committed by an individual or business in order to avoid paying taxes.” Tax fraud is a serious offense that can result in heavy fines and even imprisonment.
There are many different types of tax fraud, but some of the most common include filing false or incorrect tax returns, underreporting income, and claiming false deductions or credits.
Tax fraud is a serious problem in the United States, and the IRS estimates that it costs the government billions of dollars each year. If you think you may be a victim of tax fraud, or if you suspect someone of committing tax fraud, you should contact the IRS immediately.