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March 25, 2011
IRS Agent Indicted for Using First-Time Home Buyer Credit to Commit Tax Fraud
An IRS agent is among 14 people indicted for using the first-time homebuyers tax credit to commit tax fraud. From the Department of Justice press release:An eighth individual, Michael Doyle, 44, of Hudson, NH, was also indicted for filing false, fictitious and fraudulent claims with the IRS and faces the same penalties. The indictment of Doyle alleges that he was a long time employee of the IRS who falsely claimed to have purchased his home in 2008 in order to obtain a tax refund by claiming the First-Time Home Buyer Tax Credit, even though he had purchased his home in 2007 and therefore wasn’t eligible for the stimulus related benefit.
(Hat Tip: Michael Nicolini.)
March 25, 2011 in IRS News, Tax | Permalink
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Tracked on Mar 25, 2011 5:23:48 PM
