myCPE

Counting Sheep or Counting Fraud? The Wild World of Tax Shenanigans! 0.5 Credit

Counting Sheep or Counting Fraud? The Wild World of Tax Shenanigans! 0.5 Credit

  • Rating

    4.8

  • Reviewed on

    February, 2025

  • Subject Area

    Taxes

Learning mode

On Demand
  • Access the course at your convenience
  • Take the assessment test
  • Get your certificate
  • Attend the live interactive session
  • Answer the polling questions
  • Get your certificate

Learning Objective

  • Detect signs of intentional tax fraud.
  • Apply ethical practices to avoid compliance issues.
  • Recognize common tax fraud tactics.
  • Understand the legal and financial consequences of tax evasion.

Course Overview

Tax fraud isn't just a tiny financial blunder; it's a colossal crime that can lead to severe consequences. In this webinar, we'll delve into real-life escapades of tax fraud and evasion, showcasing how some bold individuals and crafty businesses tried to outwit the IRS—spoiler alert: it didn't go well! We'll examine the audacious Luis E. Perez, who somehow managed to dodge a staggering $30 million in employment taxes, the Cruz couple, who thought they could ride the COVID-19 relief wave, and, of course, the legendary Al Capone, whose tax evasion led him straight to the slammer. These cautionary tales vividly illustrate the perils of non-compliance.

For tax professionals, grasping these shenanigans is essential for safeguarding both your clients and yourself. By the end of this course, you'll be armed with the savvy to spot red flags, sidestep common traps, and champion ethical practices. So, come on board and fine-tune your expertise in maneuvering through the intricate maze of tax compliance and evasion—confidence and integrity await!

Major Topics:

  • Identifying Tax Fraud Tactics
  • Consequences of Tax Evasion
  • Red Flags for Tax Professionals
  • Real-Life Tax Fraud Cases

On Demand Credits for All Qualifications

License details Credits Status
Taxes for Certified Public Accountants (CPA-US) 0.5 CPE Approved
Taxes for Delaware Licensed Public Accountant (DE-LPA) 0.5 CPE Eligible
Taxes for Iowa Licensed Public Accountant (IA-LPA) 0.5 CPE Eligible
Taxes for Maine Licensed Public Accountant (ME-LPA) 0.5 CPE Eligible

Additional Information

Credits

0.5

Course Level

Basic

Instructional Method

QAS Self Study

Group Internet Based

Pre-requisites

None

Advance Preparation

None

NASBA APPROVED

MY-CPE LLC, 1600 Highway 6 south, suite 250, sugar land, TX, 77478

MY-CPE LLC (Sponsor Id#: 143597) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors.

Dive into the world of CPA CPE Courses with MY-CPE. Our online courses are here to help you complete your CPA CPE credits seamlessly. We cover a wide range of topics delivered by professional subject matter experts. Forget the traditional way of learning with flexible scheduling and learn at your own pace. Join us and start your journey toward professional growth today!

About Instructor

Scott Amand

Scott Amand

, Fisher Tousey

  • 4.8
  • rating
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  • rating
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On Demand FAQs

What is Self Study (QAS)?

Self Study QAS (Quality Assurance Service) is a NASBA and other regulatory bodies approved program designed for Professionals to complete their Continuing Professional Education credits through self-paced, interactive courses that meet the highest standards of quality and compliance. We are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies.

How do I earn CPE credits through self-study?

To earn CPE credits, you must complete the self-study course, pass the required assessments, and submit the necessary documentation. Credits are awarded based on the completion of course hours and successfully passing the assessments.

Are the self-study courses approved by NASBA and other regulatory bodies?

Yes, all our self-study courses are approved by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies, ensuring they meet the rigorous standards for quality and educational content set by these organizations.

What are the requirements to maintain compliance with self-study courses?

To maintain compliance, you must follow the guidelines set by NASBA and other regulatory bodies, which include completing the course within the specified timeframe, passing the assessments, and keeping accurate records of your learning activities.

How can I access my course completion certificates?

After successfully completing a self-study course and passing the assessments, you can access and download your course completion certificates from your account dashboard on our platform. These certificates are recognized by NASBA, IRS, CFP Board, HRCI, SHRM, Payroll Org, FP Canada, and 25+ other regulatory bodies for compliance and reporting purposes.

How are credits reported to governing bodies?

We issue instant credit certificates, ensuring they are valid for presentation to governing bodies. Typically, we report IRS, CTEC, CFP, IDFP, IWI, VBOA Ethics credits within 7 days – the fastest in the industry.

Reviews and Ratings

out of 5

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AB

Anantharamakrishnan Balakrishnan, EA

5

This is a nice webinar on Tax Crimes. Tax Professionals and Tax Payer need to report all Income whether legal or illegal Income and have to pay the payroll Taxes withheld from employees to IRS. Default will cause criminal and civil penalties including Jail.

ES

Ellyn Schaefer, CPA (US)

5

veryinteresting

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