Holy cow, I am shocked, SHOCKED I say
Somebody woke up Charles Rettig at the IRS.
The IRS has powers up to its eyeballs, is financial parallel to FBI & other law enforcement
https://www.dailymail.co.uk/news/article-6877371/Parents-face-tax-charges-big-fines-admissions-scam.html
Parents in college admissions scandal could face tax charges and big fines - including 20% penalty - on top of possible prison time as the IRS announces that it is looking into payments to 'exempt' organisation
The IRS, which has been investigating the criminal case jointly with the FBI, has said it is looking into the parents' payments
None of the parents associated with the scandal have been charged with tax evasion
To convict them of tax crimes, prosecutors would have to prove that they not only purposely underpaid, but knew they were breaking the law when they did
Parents could try to argue that their statements on the phone calls don't prove that they knew the deductions were illegal
They are sure to pay harsh penalties to the IRS, experts say
In addition to paying back the taxes they owe, parents could get hit with a 20% penalty for claiming a deduction when they shouldn't have
Some could be on the hook for a civil tax fraud penalty that's equal to 75% of the amount they underpaid
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If the IRS goes after all the high-$$$$$ tax violators, they have my every blessing to trot around raiding and seizing until they can't raid and seize anymore.
Get the fraud "charities" first
GO GO GO