Tax Inspector Job Description

Tax inspectors ensure that people and organisations pay the correct amount of tax. They also investigate complex and challenging cases of tax evasion and fraud. In addition to this, they advise on tax policy and collect overdue amounts for damages done to City property. The Tax Inspector job description outlines the key duties of the position.

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Tax inspectors ensure that people and organisations pay the right amount of tax

Tax inspectors are individuals tasked with ensuring that people and organisations pay the right amount of taxes. They do this by monitoring the Internal Revenue Service and identifying fraud and abuse. Their job is to promote the economy and protect against external threats. They ensure that the IRS and other agencies are doing their job properly, so that people and organisations are paying the right amount of tax.

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They investigate complex and challenging cases of fraud or tax evasion

Tax fraud is one of the most challenging and complex federal crimes. It can be committed by a single individual or business. It can involve federal, state, and employment taxes. Some evasion is accidental; others involves deliberate misinterpretation of the law. Even reputable people can be accused of tax fraud. While the IRS has a reputation for being ruthless, recent reforms have given taxpayers more rights and protections.

Tax fraud involves hiding assets and transferring income in ways that are not fully reported. The methods used can vary widely, from simple concealment of funds in a bank account to deliberate allocation of income among taxpayers. However, any irregularities in accounting can help prove fraudulent intent.

The Criminal Investigation Division investigates cases of tax fraud and money laundering. The division has earned a reputation as a leader in the fight against public corruption. The QRP program, for example, helps identify fraudulent tax returns and stops payment of bogus refunds. It also refers cases of tax evasion to criminal prosecution.

In addition to investigating fraud, IRS investigators also participate in formal programs of cooperation with other federal agencies. For example, the IRS and the Drug Enforcement Agency have cooperated on numerous cases of tax fraud. Furthermore, the SEC actively investigated companies that made questionable foreign payments. They then turned over the information to the IRS Criminal Investigation Division.

Tax fraud investigations are a stressful experience for corporate directors, officers, and employees. The process can begin with a simple civil tax examination or with a grand jury subpoena. Even a simple error can turn into a complex and challenging case.

In one such case, a group of executives had structured a loan of their own money, paying themselves $400,000 for arranging it. This scam cost dozens of citizens their life savings. It was so complex that the banks didn’t know who owned which entities. The investigation lasted years and involved many partner agencies.

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They advise on tax policy

Tax inspectors advise the government on tax policy and the enforcement of the tax laws. They also supervise the work of the Office of Tax Analysis. They have a modular structure and focus on professional skills and technical tax issues. Their training includes hands-on work experience, practical assessments, formal study days, and regular reviews with mentors. Trainees complete a two to three-month training programme.

A tax inspector works for Her Majesty’s Revenue and Customs (HMRC). They investigate cases of tax evasion, and they may work with lawyers and accountants to pursue cases in court. Some inspectors also work in tribunals to help businesses resolve tax disputes. Starting salaries are around PS33,000, depending on location, but they rise after completing a tax specialist training programme.

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Mohamed Firnas

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