Tax Evasion Lawyers
What Is Tax Evasion?
Tax Evasion is generally defined as any act designed to defraud the IRS. This definition is very broad and allows the IRS to come after you for just about any knowing misstatements on your taxes.
When Must the IRS Charge You with Tax Evasion?
Generally you have 6 years for the government to come after you for misstatements on your taxes. But there is no time limit on when the IRS can audit you.
Punishments for Tax Evasion
Punishments for tax evasion can be harsh, including:
- Fines as much as $250,000 for individuals and $500,000 for corporations
- A 75% civil penalty
- Criminal charges, including imprisonment of up to 3 years
Types of Tax Evasion
- Personal Income Tax evasion
- Falsifying income or other factual data
- Business Tax evasion
- Claiming false deductions
- Deliberately underreporting or omitting income
- Overstating the amount of deductions
- Keeping two sets of books, or making false statements in books and records
- Claiming personal expenses as business expenses
- Hiding or transferring assets or income
- Employment Tax Evasion
- Failure to pay employment taxes
- Falsifying payroll
- Pyramiding
- Employment leasing
- Paying employees in case
Should I Consult an Attorney if I am Accused of Tax Evasion?
If you have been accused of Tax Evasion or you are facing an audit, you should speak to an attorney immediately to learn more about your rights, your defenses and the complicated legal system.
Vea esta página en español: Evasión Fiscal o visita Abogados-Leyes.com para más información legal.
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Last Modified: 08-24-2011 11:53 AM PDT
