Ventura Tax Fraud Attorney
Tax Fraud Information
In most cases, the IRS is mainly interested in getting the money that they believe is owed them. They do not want to send people to jail. However, if a repeated pattern of tax fraud indicated to them that someone cannot be trusted to pay their taxes and have submitted false tax returns, omitted certain assets or income , they may pursue tax fraud charges against the individual, which can result in time in federal prison, among other things.
If you are facing an IRS audit, or are already being charged with tax fraud, legal representation should be your top priority.
These are serious charges; the IRS has unlimited resources and manpower when it comes to pursuing legal action, and you need an experienced and aggressive attorney who will have time to prepare a compelling case for the defense.
Tax fraud charges arise when individuals provide false information on their taxes in order to conceal the amount of money they made, or to falsify the documents to avoid paying taxes. Many people may wonder what the difference is between tax fraud and simply making an error on a tax form. In fact, a simple repeated error may be why you are facing tax fraud charges today. The difference in the intention; if a person intentionally provides false information, they are considered to be committing fraud. Some things the IRS looks for when trying to determine fraudulent activities include the following:
- Attempting to conceal illegal activities
- Dealing in cash to prevent leaving a paper trail
- Concealment of assets, or the source of assets
- Understating income
- Failure to file tax returns
- Failure to make estimated tax payments
- Inadequate records
If the IRS sees anything suspicious on your forms, they will investigate further, and this can lead to tax fraud charges. A conviction of tax fraud can result in prison time, and huge monetary fines of restitution to the IRS for money owed.