Nov 16, 2012

This Is Your Four Minute Warning: IRS Fires Off EITC Warnings



The IRS is now sending letters to preparers who are suspected of filing inaccurate EITC claims.

The letters pinpoint the primary issues identified on the returns, explain the consequences of filing inaccurate claims for the EITC, and advise preparers that the IRS will continue monitoring the types of EITC claims they file. In other words, the IRS is saying "Go Ahead, make my day Punk!"

To all fraudalent tax preparers: If you get caught, best believe I will include you on my Tax Preparers' Hall of Shame posts.

To my fellow taxpayers: The EITC credit is not worth the risk if you are not entitled to it. Don't mess around with the IRS!

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