Arizona Tax Fraud and Tax Evasion Lawyer
The IRS can seem like a very frightening arm of the government and that’s because they want to collect the money that they are owed. They will charge penalties where necessary and they will even take legal action when they believe they have been defrauded in some way. If the IRS performs an audit and they find that fraud has been committed, they put in place a civil tax fraud penalty. This tax penalty can cost 75% of the amount of the tax owed. Interest is also added to this penalty.
If the IRS feels that it is necessary, they can refer the case to the IRS criminal investigation unit for prosecution. If convicted, time in a federal prison could be required in addition to the monetary penalties. This creates a criminal record that can make it difficult to find quality employment in the future.
Types Of Tax Fraud And Evasion
Tax fraud and tax evasion can be committed in a number of ways. They include:
- Filing a false return
- Not collecting employment taxes
- Filing false documents
- Not paying taxes
- Not filing a tax return
- Understating income
- Concealing assets
- Concealing illegal activities
- Not cooperating with tax authorities
- Failure to make estimated tax payments
All of these acts can result in serious penalties. The penalties can include up to 5 years in a federal prison and fines of up to $500,000. If there is more than one tax crime, you may have to pay the cost of prosecution for each charge.
Arizona Federal Criminal Defense
Whether you made a simple mistake or the act was intentional, you deserve a federal crimes attorney who knows how to handle tax-related cases. The moment you are audited, we are here to give you the advice that you need in cooperating with the audit and how you can deal with any suspicions or actions that are taken against you afterward. If the IRS takes action against you, Miles A. Schneider will stand by your side the entire time to ensure your rights are not violated and to bring out the facts in your case so that you can pay no penalties or the least amount of penalties possible. Our goal is to help you achieve the most favorable outcome possible.
Contact A Phoenix Tax Fraud and Tax Evasion Attorney
A conviction of tax fraud or tax evasion can be devastating. Not only is there a criminal charge, but there is also the fact that the conviction can lead to a very high penalty and even time in jail. Myles A. Schneider knows that it is in your best interest to avoid as few of the penalties as possible, if you even have to pay any penalties at all. If you’re innocent, that can be proven. If you do have some degree of guilt, you do not have to pay the maximum penalty. Call us today at 602-926-7373 for a free consultation.