Tax Fraud Attorney in Los Angeles
Tax fraud offenses arise when you willfully submit false statements or documents for your tax return. This is more serious than just getting a penalty for filing a late tax return. Tax fraud involves criminal penalties that can lead to fines and jail time.
For the accused, the charge can be the result of a genuine mistake in reporting tax information to the Internal Revenue Service. If you are facing charges of tax fraud of evasion, make sure you work with a tax defense attorney as soon as possible to help you navigate the process of dealing not only with criminal prosecutors, but also the IRS.
What Is Considered Tax Fraud?
For an act to be considered tax fraud, it must involve intentionally violating the law. The IRS determines whether tax fraud has occurred by looking at several indicators of fraud.
Some of the common signs of criminal tax fraud or evasion include:
- Underreporting income
- Failing to file taxes
- Failing to report income
- Using a fake Social Security number
- Lack of supporting documentations
- Not reporting assets
- Hiding assets
- Dealing primarily in cash to hide illegal activities
- Overstating deductions
- Paying employees in cash to avoid taxes
Penalties for mistakes on taxes are often monetary and involve only the IRS. When federal charges are involved, fines and criminal penalties can be greatly intensified.
What Happens If I'm Accused of Tax Fraud?
If the IRS finds reasonable cause to further prosecute someone for deliberately falsifying their tax report, they can and often will heavily investigate in order to gain a criminal, federal conviction. The IRS has an extremely high and successful sentencing rate in a majority of cases brought to court. These convictions are extremely serious and commonly result in felony charges that can cause debilitating financial repercussions and irreparable damage to your professional image. Because tax fraud is a direct evasion or misrepresentation against the federal government, penalties can also be intensified by prison sentences.
Tax fraud ranges in complexity and can affect both individuals and businesses. If you face tax fraud charges, you can expect thorough and invasive inquiries into all aspects of your personal and economic background. The IRS is a powerful government institution with unlimited resources set on gaining convictions.
Fight Your Charges with Experienced Attorneys
It is vital to contact a federal crime attorney as soon as possible. Difficulty for prosecuting tax fraud rests with proving intent, and discussing your case with our legal team may help alleviate harsh consequences. With your financial well-being, professional reputation and freedom at stake you need an aggressive and experienced federal crime attorney to fight your case.
Contact us online or call our firm at (800) 462-7160 today.
When going through serious legal matters, do not put your case in the hands of just any attorney. Rather, work with a team who has earned a respected reputation for outstanding legal service and one with a proven track record of success.