March 8, 2021
When it’s tax season, everyone in the country has taxes on the mind and getting theirs filed before the deadline. Filing taxes can be a complicated process, and some people may be concerned if they filed them properly, or if they could be accused of tax fraud by the Internal Revenue Service (IRS). Tax fraud can be serious and the consequences, if convicted, can include being required to pay the rest of the taxes, large fines, and sometimes even jail time. If you have concerns or questions about tax fraud, a tax fraud lawyer in Hanover, MD, such as from Crepeau & Mourges, can answer any questions and provide legal advice.
What Constitutes Tax Fraud?
Put simply, tax Fraud is intentionally or knowingly lying on your taxes for the purpose of evading taxes. Such as claiming you made less money than you actually did, claiming dependents that don’t actually qualify as dependents, or including false right offs. Lying on your taxes also includes omitting information entirely, such as alternative incomes or hiding bank accounts. There is also money laundering to consider, which is another aspect of tax fraud and includes reporting false transactions as a way to explain illegally obtained funds.
Accidental Tax Mistakes
Making mistakes on your taxes is usually much less serious in the consequences than tax fraud because tax fraud excludes accidental or unknowingly paying incorrect taxes. Tax mistakes are not intentional and usually just result in needing to make a correction by paying the correct amount, and possibly some fines. Even being contacted by the IRS for tax mistakes can be unsettling, and you may want to consider talking with a tax lawyer.
Talk with a Tax Fraud Lawyer
White-collar crimes, like tax fraud, can still be serious with very real consequences. If you have concerns of being accused of tax fraud or have already been contacted by IRS and possibly even charged already with tax fraud, it is strongly recommended that you speak with a tax fraud lawyer about your legal defense options, next steps, and what to expect as the case proceeds. An experienced lawyer can provide you with legal guidance that could make the difference in the outcome of your case being a good one for you. Whatever your situation, make sure to give yourself a good chance to come out of the case with a positive outcome. Contact a law firm today to speak with a lawyer about your situation.