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Apr 3, 2018

NYC Tax Debt Settlement Lawyers

Do you need an attorney for a tax fraud case?
Tax fraud is a serious crime. Any conviction for tax fraud, even if you don’t see the inside of a jail cell, will mean that you will be a convicted felon for the rest or your life. Convictions for tax fraud often entail fines of up to $250,000 as well as full payment of back taxes and penalties and late fees that can amount to well over 100 percent of the original taxes owed. Additionally, when the Internal Revenue Service does decide to go after someone for tax fraud, they are usually looking to make an example. This means that tax fraud convictions often see the accused being sentenced to terms of incarceration on the high end of the sentencing guidelines. Prison terms of 5 years are common.

Luckily, only an extremely small number of taxpayers are actually charged with tax fraud in any given year. Of the 150 million Americans who file a tax return, only approximately 1.5 million are selected for auditing. Of those, only around 300,000 are called in for the most serious form of audit: an in-person office audit. Even those 300,000 people have a very small chance of being charged with tax fraud. Only around 1 percent of those called in for office audits will end up being charged with an actual crime. And of those 3,000 people charged with some form of tax fraud each year, only about 1,500 will actually be convicted.

All this means that if you have not yet had your case formally referred to the IRS’ Criminal Investigations Division, then the chances are high that you will not be charged with a crime. However, that does not mean that you are free and clear. If you have been called in for an office audit, you should hire an experienced tax attorney as soon as possible. If you have been charged with tax fraud, not hiring a competent attorney is a one-way ticket to the slammer.

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Manhattan

85 Broad Street, 30th Floor
New York, NY 10005

Queens

35-37 36th St,
Astoria, NY 11106

Brooklyn

195 Montague St.
14th Floor,
Brooklyn, NY 11201

Manhattan

85 Broad Street, 30th Floor
New York, NY 10005

Phone

888-977-6335

Queens

35-37 36th St,
Astoria, NY 11106

Phone

888-977-6335

Brooklyn

195 Montague St.
14th Floor,
Brooklyn, NY 11201

Phone

888-977-6335