IRS Covers up Reports of Public Guardian Tax Fraud
IRS Covers up Reports of Public Guardian Tax Fraud A report has gone into the IRS alleging that the Riverside County Public Guardian has committed tax fraud, in concert with the Riverside CPA firm of Christenson and DeGood. And it now appears that the IRS is covering for the Public Guardian. The report alleging tax fraud was submitted nearly two months ago and refers to attempts by the PG to shift the liability of the tax burden for income to a Trust onto a beneficiary. The IRS Code is clear on who pays the taxes on trust income. IRS Code 641 (b) states that “(b) Computation and payment The taxable income of an estate or trust shall be computed in the same manner as in the case of an individual, except as otherwise provided in this part. The tax shall be computed on such taxable income and shall be paid by the fiduciary.” The fraud being finagled by the Public Guardian in this matter is fairly minor in the face of the considerable looting already reported by this Public Guardian’s office. However, the government’s response to the report of this crime smacks of a cover up and deserves its own chapter in “Alice in Wonderland Meets Mother Government.” As it was advised to report this crime by the Public Guardian to a state agency in addition to the IRS, calls were made to the Riverside County Department of Mental Health to ascertain which entity was entrusted with oversight over the PG (The Public Guardian is housed within the Department of Mental Health). Given the response by DMH, one might have thought the request was for keys to Michelle Obama’s jewelry box. The researcher requesting this information was led on a… Read More