What Orthopedic Leaders Must Know about CMS TEAM Model 2026?

• Civil tax fraud occurs when a taxpayer intentionally provides false or misleading information to reduce their tax liability. The IRS investigates cases where income is hidden, records are altered, or deductions are deliberately inflated.

• When fraud is proven, the IRS can impose heavy penalties, often up to 75% of the unpaid tax, along with interest. Taxpayers may also face audits, financial scrutiny, and long-term consequences.

• To avoid issues, it’s important to maintain accurate records, file honestly, and respond promptly to IRS notices. Professional guidance from a tax expert can help resolve disputes and ensure compliance with federal tax laws.

• The article explains how audits work, what evidence the IRS relies on, and how taxpayers can protect themselves. Read the full blog here.