Like many Americans, taxes are probably one of the last things you want to deal with – especially after you file your tax return. But unfortunately, there is always the possibility that you could face an audit.
When facing tax problems, it is important for tax payers to understand how tax fraud is looked at and treated by the IRS. Any tax controversy can be overwhelming to the tax payer so it is helpful to understand what is considered negligence and what might be considered fraud.
Although the tax code is complex, the IRS generally recognizes two types of tax evasion. It is important for taxpayers to be familiar with what those two types are and that there are legal protections available if they have been accused of committing tax evasion and are facing criminal tax charges.
Tax problems can be overwhelming for most people who are facing them. When everyday people are facing a tax controversy or tax dispute, it is important to know what can be done and where those facing tax issues can turn. The possible consequences associated with tax controversies should not be taken lightly. Tax payers who find themselves caught up in them may face the challenges associated with tax issues on a daily basis.
With tax season behind us, many New Yorkers are no longer worried about this process until next spring. However, for some individuals, this may be the beginning of a legal matter that involves tax fraud. While criminal tax penalties are serious and the more talked about tax crime, civil tax fraud penalties could also plague an individual.
This blog has on previous occasions talked about how White Plains, New York, residents and those in the surrounding area who are not careful about filing and paying their federal taxes can wind up accused of serious crimes.