It is unlawful to attempt to avoid or defeat any tax levied by the United States government. Willfully evading a tax debt to the Internal Revenue Service (IRS) is a federal crime that carries steep penalties. Unfortunately, there are gray areas in tax law that could result in a person facing criminal charges despite a lack of intent to avoid their tax debt. A practiced tax lawyer might be able to help address accusations of tax evasion and set things right with the IRS.
Regardless of the basis of the allegations against you, the potential consequences you face could be significant. Your best option could be to take the initiative and address the allegations head-on. A Rockville tax evasion lawyer could assist you in setting the record straight regarding your IRS debt.
Tax evasion is a deliberate effort to avoid or underpay one’s taxes. It is a serious criminal offense that could lead to steep fines and lengthy time behind bars. There are two general types of tax fraud. They include efforts to evade assessment or to evade payment. Evasion of assessment occurs before a tax bill is ever due. This type of tax evasion involves fraudulently altering the assessment of tax debt. This could be done by overstating financial losses or hiding income.
Evasion of payment occurs after the assessment is made. While this type of evasion does not alter the amount owed, it can conceal the assets that could pay that tax bill. Evading tax payments could involve hiding assets in overseas bank accounts or concealing assets elsewhere.
It is important to remember that tax evasion is something more than nonpayment. Taxpayers unwilling or unable to pay their tax debts are not treated the same as those who take active steps to defeat the amount of taxes they owe. A local tax evasion attorney could advise someone on their potential liability and assist them in avoiding issues with the IRS.
Allegations of tax evasion are serious but there are multiple ways to defend against these accusations. In many cases, an aggressive effort by legal counsel could bring an investigation to an end without criminal charges ever being filed.
One of the most common defenses to tax evasion is to declare it to be a mistake. Tax evasion involves an intentional effort to defeat or avoid a tax bill that is due. Making an honest mistake when paying or assessing taxes will not qualify for further punishment since there was no intent to defraud the government.
While a mistake is a viable defense, the federal government might not necessarily take a taxpayer’s word for it. For that reason, it is vital to seek out a Rockville tax avoidance attorney to help fight back against these accusations. The IRS will also take it into account if a taxpayer relied on a professional to file their taxes and it was that professional’s fault for the mix-up. This requires extensive proof before the IRS will accept it as a defense.
If you have been accused of tax evasion by the IRS, it is important that you take action right away. In some cases, you could avoid a criminal charge by addressing the issue immediately. If you have determined that you made a mistake on your taxes, it could buy you enough time to fix the issue and prevent a confrontation with the IRS. A Rockville tax evasion lawyer could have the experience and knowledge needed to help you resolve your issues without incident. Call for a confidential consultation today.