Examlex
Virginia received a spam email telling her she could have access to $10 million if she provided her bank information. She sent an email back to the emailer asking them to take a picture of themselves holding up a sign with a funny message on it. When Virginia received a picture back from the emailer, she uploaded to multiple websites. Virginia could be categorized as a counterscammer.
IRS
Internal Revenue Service, the federal agency responsible for enforcing tax laws and collecting taxes in the United States.
Interest
The charge for borrowing money, typically expressed as an annual percentage rate, or the income earned on deposited funds.
Accuracy-Related Penalty
A penalty imposed by the Internal Revenue Service (IRS) for underpayment of taxes due to negligence or disregard of rules and regulations.
Negligence
The failure to exercise reasonable care or to take precautions that could prevent harm, leading to possible legal liability.
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