Tax fraud is a major offense, and the IRS does not waste time when it comes to accusing someone if they believe they have committed this crime. If you are facing charges for any tax fraud, it is crucial that you get the help of a lawyer specializing in tax law. A skilled and knowledgeable tax law attorney can assist clients facing charges of various kinds such as tax disputes, tax evasion, and tax issues in which litigation is required, etc. Tax law attorney can represent clients in IRS audits and help clients obtain a reduction in their debt or tax burden by negotiating with the IRS for a compromise offer or installment payment agreement. A competent tax lawyer may be able to help you avoid severe consequences for tax fraud.
Penalties for tax fraud
The penalties for tax fraud vary according to the exact type of fraud that was allegedly committed. Intentional tax evasion is a serious offense and can result in up to five years in prison, in addition to fines ranging from $ 100,000 to $ 500,000 (in the case of a corporation) for each instance of evasion. Tax offenses such as sales tax fraud, non-declaration of income, non-declaration or false declaration of income can lead to a civil and criminal penalties that are assessed for each instance of the offense. You will need a specialized and aggressive tax fraud attorney with criminal defense experience to represent you if you face such situation.
Contact a tax fraud specialist
If you are already under investigation or if you have already been charged with tax fraud charges, call a tax attorney right away. Likewise, if you believe that the IRS will begin to investigate your personal or business finances for a tax offense, there is no time to lose
Stay tuned to this website for more articles and guidelines about tax, commercial, traffic, and criminal laws. More articles will be posted in the coming weeks to assist you with your legal concerns. Let us know if you have any questions or comments.