Accusations of criminal activity can send a person reeling. His or her reputation is on the line, and that individual faces serious consequences that could result from a conviction. As a result, if someone is facing tax-related charges, it is important to have the right information and the right help.
New York residents may be interested in a recent report indicating that an out-of-state man was indicted on such charges. According to reports, the man is a professor at Harvard University and had already had charges brought against him for allegedly having a connection to a Chinese-run recruitment operation. The first charges relate to the man purportedly lying to federal authorities about his involvement in the operation. Now, the man is accused of not reporting income he earned from a Chinese university.
The grand jury recently indicted him on two counts of failing to file reports of foreign financial accounts and two counts of making a false income tax return. His legal representation stood by the man’s innocence. A spokesperson for Harvard University did not provide a comment on the situation, but the report noted that the professor has been on administrative leave since January when he was first taken into custody.
Tax-related charges can come with steep penalties if a person is convicted. As a result, any New York resident facing such accusations will certainly want to ensure that he or she understands the legal options available for combating such allegations. Interested parties may find it worthwhile to contact experienced tax attorneys who could help go over possible courses of action.