Highly Experienced And Knowledgeable Tax Law, Probate And Family Law Attorneys
Skilled Defense Against Charges Of Tax Evasion
Failure to comply with the IRS tax code is fairly common. But tax fraud, known as tax evasion, is different. Tax evasion is a federal crime that comes with serious penalties. If you are under investigation for tax evasion or have been charged, it is imperative to start building a strong defense right away.
The tax law services of Rebeck & Allen in Detroit, Michigan, include defense against charges of tax evasion. As a CPA and Certified Fraud Examiner, attorney Chelsea Rebeck has the skills and experience to protect your rights when you are faced with criminal charges relating to your taxes.
What Is Tax Evasion?
Tax evasion is the act of deliberately underpaying taxes owed to the government, knowing that you are either underreporting or underpaying. A mistake on your taxes is not the same as tax evasion.
Activities that would be considered fraudulent include:
- Overstating deductions
- Concealing income
- Claiming personal expenses as business expenses
- Purposely underreporting income
People who run their own business and finances are among the most commonly charged with tax evasion, because it is easy to underreport cash income and business expenses mixed with personal expenses.
Penalties For Tax Evasion
The crime of tax evasion comes from IRS code 7201. This code creates two offenses relating to tax evasion: willfully attempting to defeat the proper assessment of your taxes and willfully attempting to avoid paying them.
Fines for conviction can be up to $100,000 for an individual and $500,000 for a corporation.
It is important to remember that tax evasion is a crime. Penalties for conviction may include fines and even time in federal prison. These charges are serious and require tax fraud defense from an attorney experienced in tax law and dealing with the IRS.