What are CPA-Tax Moms?

Hi!!!! I am Debbie.  I want to prepare your taxes.  I am waiting for your phone call.

“CPA-Tax Moms” are trade names given to Accounting and Tax Professionals who chose to work in an “relaxed” environment.
 


Some "Moms" work from home, other work from personal offices.   

Not all are Moms, there are some Dads.  We call them Mr. Tax Moms and CPA Dads. 


Each Mom is independent.  Once you start working with a Mom, you will keep the same “Mom” year after year regardless of where you move or relocate.


Being in a “relaxed” environment has many advantages.  Lower overhead, faster response time, more availability, etc.
 
To be a member of the CPA or Tax Moms, the Tax Professional must ALWAYS be in good standing with their state licensing agency (if there is one), experienced, and must demonstrate  a high level of ethics, professionalism and proficiency. 


Tax Net Inc, the parent company, has developed marketing and on line systems to help qualified Tax

Professionals work from their “relaxed” environment and offer better service at a lower price to the consumer. 


Since the “Moms” do taxes and accounting of all complexities, there is always a Mom available for every level of work.   Since each Mom has a private 800 number, you are just a phone call away, regardless of where you live.


For reliability and dependability of the “Moms” organization click on the Better Business Bureau icon below.


 



Do Your Own Taxes - Fee from Refund
Bankruptcy
Claiming Social Security Disability
FREE 2008 CPA Moms Tax Review Details
Divorce & Taxes
Offer in Compromise
Installment Payment for Taxes
Credit Reports
Social Security
Do Your Own Taxes - Fee from Refund
Deliquent Tax Returns
Garnishment
Retirement Planning
Bankruptcy
Claiming Social Security Disability
Divorce & Taxes
Offer in Compromise
Installment Payment for Taxes
Credit Reports
Social Security
Deliquent Tax Returns
Garnishment
Retirement Planning
Back Taxes Home Page
Latest Back Taxes News
Back Taxes Articles
Additional Resources
Want to Join CPA Moms?
Questions for CPA Moms?




Death & Taxes


We have Information to Help You with Either


Got Question for a CPA Mom?


Need Some Help?

CPA & Tax Services we Offer


IRS wants you to retire Financially Free!     We will answer your questions and give you options about how to become Financially Free when you retire

Tax answers/options when you sell your Home.      We will answer your questions about the tax free home sales and give you options on tax free exchanges

So, You got a letter from IRS?  We can help.    Letters from IRS are scary. We will answer your questions at no charge.

S-Corp, LLC, C-Corp, Partnership - Your Choice?    Selecting the correct Business Entity is confusing.  We will give you the tax options of each Business Entity.

How not to pay taxes when you sell income property.    We will explain how to do a tax free exchange & not pay taxes when you sell your income property.

To pay for Services - Please click on Paypal Logo below


Back Tax information provided by  Tax Moms & Mr. Tax Moms

Back Taxes  

We Can Help Call 866-313-1040

.


Tax Attorney Discusses Civli Tax Fraud Penalty


The civil fraud penalty is the IRS's most drastic civil remedy for forcing taxpayers to comply with our tax laws, yet very little is written about this penalty.


The civil fraud penalty is imposed on taxpayers when the IRS believes that the taxpayer filed a false or fraudulent document with the IRS. The civil fraud penalty is equal to 75% of the tax underpayment that is attributable to fraud. A tax underpayment is basically the amount of tax that the taxpayer would have paid absent their attempt to defraud the US Treasury. This usually consists of a taxpayer failing to report certain items of income or claiming a tax deduction and/or credit that they were not entitled to.


The IRS generally only has to prove that the taxpayer unerreported one particular item, and if proven, fraud is presumed for all other items. For example, if a Schedule C small business owner reports $100,000 of taxable business income when the business owner actually had $200,000 of taxable business income, then the IRS only has to prove that $1 of income was not reported. If proven, the fraud penalty will be based on the $100,000 that was not reported - not merely the $1.


Once the fraud penalty is imposed, the penalty and interest on the penalty will be begin to accrue from the date of the underpayment. There is no statute of limitation or time period for the IRS to assert the fraud penalty if the IRS is able to prove that fraud actually occurred.


The IRS is usually able to prove that fraud occurred by relying on circumstantial evidence or "badges of fraud." "Badges of fraud" include a taxpayer's history of failing to file or underreporting income, claiming false deductions or improperly deducting personal expenses, using false documents to support tax positions, failing to keep records or dealing in cash, and failing to cooperate during an IRS audit or examination.


Taxpayers have a number of options for dealing with the civil fraud penalty. The best way to resolve IRS fraud penalty issues is to show that the underlying tax liability or tax understatement was not owed. For example, the fraud penalty can be eliminated or minimized if a taxpayer can show that his or her tax liability was zero or less than that asserted by the IRS, even though the taxpayer had falsely claimed a $100,000 tax deduction. In this example, if the $100,000 tax deduction would have saved the taxpayer $20,000 in taxes, the taxpayer will need to come up with $20,000 of additional legitimate tax savings to offset the $20,000 understatement.


Taxpayers may also be able to defend against civil fraud penalty claims by asserting that they relied in good faith on the advice of tax counsel or they made an honest mistake or error. These defenses will generally negate mental state that is required for the penalty.


In the event that the taxpayer is successful in avoiding the civil fraud penalty, the IRS will likely seek to impose an accuracy related penalty. The accuracy penalty is substantially smaller than the 75% civil fraud penalty.


Taxpayers who think that they may be subject to the civil fraud penalty should immediately hire an experienced tax attorney to discuss their tax matter.


Denver, Colorado Tax Fraud Attorney Kreig Mitchell helps taxpayers resolve IRS tax disputes, including fraudulent tax returns, IRS penalties, and illegal IRS collections. You can find out more about Mr. Mitchell at: http://www.irstaxtrouble.com.



.




Privacy Policy
.. About Us  .. Disclaimer ..  Copywrited 2005  - 2006 - Developed by  Tax Net Inc