Tax identity theft entails the appropriation of a taxpayer's information to steal their credits or refund money. It can also be motivated by job placement aspirations.
Tax penalties are issued after a tax infraction is recorded, usually when people miss the deadline to make their tax payments, or when they present false information regarding their current income, tax credits, etc.
LLCs have different commercial structures and specific tax-filing procedures depending on the type of management that was chosen during the company's creation.
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