Reporting Tax Fraud

What is tax fraud?

Fraud is a deception deliberately practiced for unfair or unlawful gain. As it relates to taxes, it is simply “cheating” by intentionally paying less tax than is legally due. The main difference between an honest mistake and tax fraud is the element of criminal...

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How does tax fraud affect me?

Since dishonest people are not paying their fair share, there is no “level playing field” for businesses or consumers. This can sometimes lead to higher prices, possible tax increases, and inadequately funded school systems, government infrastructure and other...

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Which programs are affected by tax fraud?

The New Mexico Taxation and Revenue Department (TRD) administers several tax programs, all of which may be affected. These include: Personal Income Tax Gross Receipts Tax, also known as CRS (Combined Reporting System) Corporate Income Tax Oil and Gas Tax Cigarette...

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Who reports tax fraud?

The taxpaying public, private industry and other government agencies including federal, state and local law enforcement are some of the eyes and ears that report suspected tax fraud to the Tax Fraud Investigations Division (TFID).

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