Tax Fraud and Tax Crimes
If during the tax audit the IRS suspects that you have committed tax fraud they can impose a civil tax fraud penalty equal to 75% of the tax owed plus interest. Moreover, you can be sent to the IRS Criminal Investigation unit for criminal tax prosecution.
Tax crimes include:
- False tax return
- Tax evasion
- Filing false documents
- Failure to collect employment taxes
- Failure to pay taxes
- Failing to file a tax return
The penalties are very severe and can include years in jail plus fines and cost of prosecution for each tax crime. Therefore if you or your book keeper have any reason to believe that there may have been a mistake that may have resulted in understatements of income, inadequate records, failure to file tax returns, implausible or inconsistent explanations of behavior, concealment of assets, failure to cooperate with tax authorities, engaging in illegal activities, attempting to conceal illegal activities, dealing in cash, or failure to make estimated tax payments, you should contact us.
We can help you
The Law Office of Anthony N. Verni can assist you in developing an effective defense strategy and an appropriate course of action. Our focus is on assisting you to understand your civil and potential criminal exposure under applicable sections of the Internal Revenue Code, regulations and relevant case law, establish a strategic plan for moving forward, and where appropriate, engage in voluntary disclosure initiatives.
Anthony N. Verni has over 20 years of experience and have assisted many clients in coming into compliance and avoiding criminal prosecution. The longer you wait, the more dire your consequences may become. Contact us.