tax fraud

(Newser) - Wesley Snipes is off the hook for tax fraud—but a federal jury in Florida today convicted him on 3 counts of failing to file returns, the Los Angeles Times reports. For the misdemeanors, the actor faces up to 3 years in prison, but he escaped a possible 13 more....

(Newser) - The IRS may stop big tax-preparation firms from offering instant refund loans to curb potential fraud, Bloomberg reports. Such loans are popular with taxpayers who don't want to wait weeks for a check, but interest is often steep and consumer groups have been pushing for a crackdown. The proposed change...

(Newser) - Federal prosecutors expect to have an indictment by the end of the week against  Giuliani pal Bernard Kerik for accepting illegal gifts when he was New York City corrections chief and police commissioner. The charges include tax evasion, tax fraud and public corruption, the Washington Post reports. The charges are...