Mar 31, 2018
Chicago Tax Fraud Lawyers
Tax fraud involves an individual’s intent to provide false and deceitful information on their tax returns to minimize or eliminate their tax liability. Tax fraud involves more than just omitting specific income information or failing to report any income. Someone can claim false deductions, conceal assets, file a false tax return, underreport income, or claim personal expenses as business expenses. The burden of proof is on the government to prove that the taxpayer has knowingly committed tax fraud. Even if a careless mistake was made on a tax return, the taxpayer can still pay a hefty penalty.
Tax fraud is committed by everybody, but the people who commit this crime the most are businesses owners and self-employed individuals who deal mostly in cash. Employees who tend to commit the most tax fraud include doctors, accountants, lawyers, and mechanics. It doesn’t matter what a person does for a living or how much money they make. If the government suspects suspicious tax filing activities, they will investigate.
Individuals who commit tax fraud are in violation of Internal Revenue Code, Title 26 and the United States Code, Title 18. Individuals who are found in violation of either code can spend up to five years in prison or pay up to $250,000 in fines. Handling tax-related issues with the IRS can be a complex process. It is best to work with an attorney who knows the tax law and how to deal with the IRS. Contact a tax attorney to get a free consultation regarding your tax situation.
Do you need an attorney for a tax fraud case?
The need for an attorney when being accused of fraud by the Internal Revenue Service depends on the level of delinquent taxes they claim an individual may owe. Back taxes of $10,000 or greater can be a very serious legal issue because the IRS is very serious about collecting taxes owed to the federal government. However, failure to pay taxes and tax fraud are two different aspects of the law, as honest mistakes are made and there can be extenuating circumstances. Typically, all the government wants is its money, and often an agreement can be negotiated. Depending on the evidence that may be available for prosecution, it is always best to retain a tax fraud lawyer
as soon as possible even when just being audited if the IRS may have a potential case.
A tax fraud lawyer can do more than just negotiate a settlement before the government makes any formal action. They can represent the case in the event the dispute goes to court when no agreement can be reached. The IRS will typically meet with all parties being pursued for back taxes before requesting arbitration or filing suit. If the IRS has valid material evidence that the defendant acted with intent to defraud the agency, then the case could easily become a criminal issue as well as a civil financial issue. This would mean that federal jail time and significant fines on top of paying all delinquent taxes could be the final outcome.
The IRS is well-known as being one of the most zealous government agencies when it comes to performing its function in the U.S. government. Financial resources are an absolute necessity for maintaining the country, and the IRS is the central income tax procurement agency with their very own internal police agents. It is always important to pay attention when the federal government comes calling, and call a tax attorney immediately thereafter.
When you are facing criminal charges such as tax fraud, you need to hire an experienced attorney. The consequences of being found guilty are serious. This isn’t the time to take matters into your own hands.
There are a several things that an experienced attorney can do for you. For starters, an attorney can provide you with proven actions to take when dealing with the IRS.
Another benefit of partnering with an attorney is you might be able to avoid a conviction. A good attorney has the skills to negotiate a plea deal or convince the IRS that the alleged tax fraud is just an error.
Selecting an attorney should be done with caution. Here are a few things you should consider during the hiring process.
1. Does the attorney possess a license that’s in good standing? Check your local bar association to determine if there have been any adverse actions against the attorney.
2. Does the attorney have experience handling cases that are similar to your case? There are various types of tax fraud charges. Some charges are more detailed than others. Your attorney should thoroughly understand the nature of your case.
3. Does the attorney have courtroom experience? If you have to go to trial to defend yourself against tax fraud, you need an attorney who is capable of defending you in court.
Due to the nature of the charges, tax fraud isn’t something that you can handle without experienced legal representation. If you are being investigated by the IRS, contact an attorney immediately.