Answering Your Questions About Tax Fraud
We understand the seriousness of tax fraud allegations and the potential consequences that can result from such charges. We provide legal representation to individuals accused of tax fraud. We can help you navigate complex legal proceedings and negotiations with tax authorities. Our experienced team of attorneys will help you minimize penalties and mitigate any potential long-term damage to your reputation.
What Are The Differences Between Tax Fraud And Tax Evasion?
Tax fraud and tax evasion are similar in that they both involve illegal activities that involve taxes. However, tax fraud is a more serious offense as it involves intentional misrepresentation or deceit on tax returns, while tax evasion is simply failing to pay taxes owed. Tax fraud can be both a civil and criminal offense, while tax evasion is typically criminal.
Common Examples Of Tax Fraud
Some common examples of tax fraud include intentionally underreporting income, claiming false deductions and not reporting income from offshore accounts. Other examples include using fake Social Security numbers, filing fake tax returns and failing to file tax returns altogether.
What Happens If You Are Accused Of Tax Fraud?
If you are facing tax fraud charges, you may face severe consequences, including fines, penalties, interest and even imprisonment. In addition to paying back taxes, you may also need to pay additional penalties and interest. If the IRS suspects you have committed tax fraud, they will conduct an audit or investigation to gather evidence.
Benefits Of Hiring An Experienced Tax Fraud Attorney
If you are accused of tax fraud, hiring an experienced attorney to defend your rights and protect your interests is essential. A skilled attorney can help you navigate the complex legal system, negotiate with the IRS and provide experienced representation. They can also help you avoid costly mistakes and ensure you are fully informed of your legal rights and options.
Contact Goldburd McCone LLP today
At Goldburd McCone LLP, our team of tax attorneys has decades of legal experience in representing small to medium-sized businesses and nonprofits facing tax fraud allegations. Our firm provides sophisticated, professional, intelligent advocacy and creative solutions to help clients overcome tax challenges. Since 1983, we have represented individuals and corporations in New York City, Long Island and across the country. Contact us at 212-235-1817 or toll-free at 866-712-9505 for a case evaluation. You can also contact us online to make an appointment.