Tax Preparer'S Guide For Income Tax Returns - 2015 Page 12
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45To report federal tax fraud to the Internal Revenue Service, call 1-800-829-0433
Please include as much of information as you can. It is extremely helpful in
investigating any complaint of tax fraud.
In the course of tax return preparation, a tax return preparer, as defined in Section
7701(a)(36) of the I.R.C., may use any tax return information provided by a
taxpayers, whether in and for the current year of for prior years, for the purpose of
identifying a suspicious or potentially fraudulent return from or related to that
taxpayer. For these purposes, tax return information means any and all documents
or materials provided by the taxpayer or required by the taxing authority that the
tax preparer uses in the course of the return preparation and submission.
The New Mexico Taxation and Revenue Department requests that tax return
preparers’ report suspicious activity as soon as possible, but not later than within a
week of detection of the suspicious activity. Timely reporting assists with tax fraud
prevention.
Additionally, information pertaining to the use of the system and software and to
the transmission of the electronically filed tax return is disclosed to the
Department. This information assists with the identification of suspicious activity
and fraudulent returns.
Other Tax Preparer Requirements and Penalties
TRD assesses a penalty of $25 per return or claim for refund to a paid preparer who
fails to do either or both of the following:
Sign the tax return or claim for refund
.
•
• Include the paid preparer’s identifying numbers.
TRD assesses a penalty of $500 per return for any tax return preparer who
endorses or otherwise negotiates, either directly or through an agent, any refund
check issued to a taxpayer.
Criminal Penalties
Any person who willfully, with intent to evade or defeat the payment or collection of
any tax, does any of the following is guilty of a felony and subject to criminal
penalties:
Falsifies any return, statement, or other document.
•
Willfully assists, procures, advises, or counsels the filing of a false return,
•
statement, or document.
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