Mar 30, 2018
Washington Tax Fraud Lawyers
In most tax audits – the IRS is only interested in collecting taxes and penalties. The IRS can impose a negligence penalty, along with a late filing penalty, and charge interest on all of the above. In a tax audit, even in case the IRS suspect you have committed tax fraud, they could impose a civil tax fraud penalty. This penalty is typically equal to 75% of the tax you owe, plus interest on the penalty.
Depending on the level of fraud involved, the IRS auditor may ask a tax fraud specialist to look at your case and see if it ought to be sent for criminal prosecution. Typically, this specialist has experience and will seek guidance of the IRS’ tax fraud attorney for help if it appears necessary.
The penalties for tax fraud are severe. You could get up to 5 years in jail, plus fines of $500,000, in addition to the expense of prosecution for each tax crime. Once the criminal tax case is completed by the IRS criminal unit, it will be referred back to the IRS Examination Division in which the taxes are assessed. The IRS can add the civil tax fraud penalty in addition to the criminal tax fraud penalties. It’s important to know that tax bills from civil or criminal tax fraud cannot be discharged through bankruptcy. The civil fraud penalty is dischargeable in a Chapter 7 bankruptcy.
Tax fraud is defined as intentional wrongdoing. To be accused of tax fraud, you must have an intentional violation. Mere carelessness is not tax fraud. The IRS looks for certain things when evaluating whether fraud occurred, such as: understatement of income, inadequate records, failure to file, concealing assets, dealing in cash, failure to make estimated cash payments, failure to cooperate with government, failure to make payments.
For those who have one of these issues and are audited by the IRS, you may need a tax fraud lawyer. Actions you take during a tax audit can transform the usual tax audit into a tax fraud case. By way of instance, lying or giving false answers to IRS investigators, delaying the investigation, or other activities to mislead IRS agents can indicate fraud.
Experienced tax fraud lawyers can help you navigate an IRS tax audit, and help you formulate a plan.
Is Tax Fraud a crime?
Tax fraud is a common charge which could result from real mistakes in reporting tax information to the IRS. Tax offenses are a few of the most ordinary white collar offenses, which affects business professionals and ordinary Americans. Underreporting income, failing to file taxes, or overstating deductions are grounds for audits. If the IRS finds cause to further prosecute after someone falsifies their tax accounts – then the IRS will deeply explore.
A criminal defense lawyer can assist you if you are fighting serious charges that could potentially lead to you going to prison. Criminal defense lawyers
are aware that every case is unique, which is why they have been trained to find the important things in each case. In order to give yourself the best chance to avoid prison time, you must hire a good criminal defense attorney
. Here are some tips to look for when going through the hiring process.
The Lawyer Should Care About You
A good criminal defense attorney makes sure that your constitutional rights are protected at all times. They will ensure that you receive a fair trial. A good defense lawyer will fight for you to make sure that you have the best chance to be acquitted.
The Lawyer Should Have A Good Reputation
In most criminal cases, the defense attorney already has a respectful working relationship with the prosecutor. The lawyer will also likely be familiar with the judge who is presiding over the case. This can help your case, as a defense lawyer with a good reputation should be able to negotiate on your behalf during the case. In the event that you decide to reach a plea deal, having a criminal defense lawyer with a great reputation can help you receive favorable terms on your plea deal.
A Good Defense Attorney Will Look Over Everything
They will ask the prosecutor to turn over any information concerning the case. They will speak with different witnesses, look over any records, pictures, videos, and statements pertaining to the case.
The Lawyer Will Always Remind You Of Your Rights
A good defense lawyer will advise you on when it is best to remain silent. They will give you consistent reports on how the case is going. They will make sure that your best interests are the main priority.