Cheating with Cheddar
Warning to all readers: this blog post is cheesy.
Today’s fraudster used all types of cheese plus lettuce, tomato, hot peppers,
olives, pickles and deli meat to commit more than half a million dollars in tax
fraud. (It’s
possible that you may crave a sub sandwich...
Making Ends Meet
Sometimes, it’s hard to make ends meet when more
money is flowing out than in. With some careful planning though, most people
can manage to pay the bills and save a little on the side by simply adhering to
a budget or getting a second...
No Mo’ Money
The Earned Income Tax Credit (EITC) is a refundable
tax credit for low- to moderate-income individuals and families. The amount of
the EITC benefit, which depends on the taxpayer’s income and number of
children, provides a much-needed refund for poor families who have stretched
their dollars...
No Integrity
To
maintain the integrity of MaineCare, Maine’s Medicaid program, regular audits
are performed to protect against fraud, waste and abuse. The healthcare program
uses referrals, complaints from other state agencies, healthcare providers or
members, and data analysis to detect patterns or trends that may indicate fraudulent
actions....
Off to Prison She Goes
The U.S.
Tax Code is complicated, so it’s easy to understand how some individual
taxpayers may inadvertently fail to comply with the tax law as defined by the IRS.
(That’s why many people run to the nearest tax preparer to dump several
inches of financial paperwork...
Deliberate
Medicare
and Medicaid beneficiaries who receive home healthcare services are required to
use providers approved by the Centers for Medicare and Medicaid Services (CMS).
(CMS is explicit on compliance requirements so that beneficiaries receive good
healthcare and providers receive payment for their claims in a timely...
The Right to Pay Taxes
When an
individual is convicted of a felony, they lose the right to vote, travel
abroad, bear arms or own guns, serve on a jury, work in certain fields, public
social benefits and housing and parental benefits. One of the rights that
felons, not to mention...
Games People Play
There
are two types of mind games. Individuals who want to maintain a healthy brain keep
their mind active by completing activities such as crossword puzzles, Sudoku,
learning how to play a musical instrument or doing something they’ve never done
before. The other type of mind...
Covering Assets
In
today’s “Fraud of the Day,” a Las Vegas, Nevada man tried to guard against the
legal ramifications of hiding more than $3 million dollars in assets from the
Internal Revenue Service (IRS). Read on to find out how his tax fraud
scheme and his hidden...
Engineering Fraud
Criminals
go to great lengths to engineer fraud schemes that are undetectable. The owner
of a Honolulu, Hawaii-based engineering services firm and his accountant
carried out what they thought to be a well-designed plan to divert money that
was intended for federal employment and income taxes...