Articles Tagged with tax evasion

The Most Common Criminal Tax Violations
The IRS reported 2,672 convictions for criminal tax violations in the 2016 fiscal year. While criminal tax charges are not common, the penalties —which can include jail time — are severe enough to cause any taxpayer to be concerned.

Most criminal tax penalties can result in a five-year prison sentence and $100,000 fine. You can also be charged with civil penalties for the same violations, and you may have any professional licenses revoked.

Common Criminal Tax Violations

tax evasion

One of the most serious crimes one can face from the IRS is a charge of tax evasion. If convicted, a person can face a felony charge, large fines and prison time. If you have been charged with tax evasion or are under criminal investigation for tax fraud, you do not want to face this predicament alone and you should know your rights under the law.

Tax Evasion Charges

Tax evasion is considered a form of tax fraud and refers to an intentional avoidance of paying your taxes. It is not a simple misunderstanding or carelessness when filing your tax return; it is a purposeful evasion of paying taxes through specific behaviors. Evidence that you intentionally provided false information, hid income or concealed assets to mislead the IRS can be used to compile a case against you for tax evasion.