Tips to Avoid Tax Fraud and the Penalties That Come with It

Tax fraud is an offense that comes with severe penalties. The Internal Revenue Service estimates that about 17 percent of taxpayers violate tax laws in some form of tax fraud. A majority of tax fraud cases involve individuals rather than corporations. But do all failures to comply with tax code amount to tax fraud? To make this determination, it is important to first get a good understanding of what constitutes tax fraud. Income tax fraud is defined as the deliberate or willful attempt to ...
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Charlottesville Tax Attorney

The attorneys and professionals at Frost & Associates are committed to helping clients in Charlottesville and throughout the state of Virginia.  With experience as an auditor and forensic accountant, attorney, CPA, and CFP®, Glen Frost, founder of Frost & Associates, has developed a knack for solving federal and state tax problems. Glen and his team have approached unique tax controversies with creativity and expertise, and have successfully defended individuals and businesses throughout Vi...
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Tax Levies Can Result From A Missing IRS Notice

In some situations, no news is not always good news. As the Treasury Inspector General of Tax Administration (TIGTA) reported, sometimes no news just means that computer systems aren't always performing properly. The TIGTA report, dated June 18, 2015, focuses on the notification procedure used by the Internal Revenue Service to alert taxpayers of assessed levies and the opportunity to request a Collections Due Process hearing. The findings show inconsistencies when notifying taxpayers of addi...
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