Filing taxes is a civic responsibility that every adult is subject to but it can prove to be daunting, particularly with all the complex legal terminology used in the fine print. Hence making a mistake is easy. That being the case, the IRS usually views some mistakes associated with taxes as honest errors instead of intentional evasion of the tax code. Nevertheless, tax avoidance and tax evasion are among the Federal government’s precedence for investigation and prosecution.
If you are under suspicion or are currently under investigation for tax evasion, it’s integral that you seek out an Asheville tax evasion lawyer right away. When you get in front of the story early enough, our tax evasion lawyers may be in a better position to have your case dismissed before reaching trial. Our attorneys at Edwards Law in North Carolina will review your financials thoroughly as well as consult with forensic accountants and other specialists to build a strong defense case. Call our Asheville tax evasion attorneys today at (828) 702-8743 to get a no-cost initial consultation. Our white-collar crime attorneys will explore all possible angles that may resolve your tax problems.
Tax evasion criminal cases have seen a spike in North Carolina and across the U.S. in general. At Edwards Law, our skilled state and federal tax defense lawyers have achieved the necessary qualifications and have the experience to fight vigorously for your clients. Our Asheville tax evasion attorneys are aware that facing charges of tax fraud can be time-consuming and stressful. It can especially be confusing if you don’t understand the tax fraud charge procedures and how you can best defend yourself from prosecution and paying hefty fines.
Tax evasion, which is also called tax fraud, falls under the purview of white-collar crime and is described as the intentional action to evade tax statutes or attempt to deceive the IRS and/or other tax-collecting entities. According to the IRS, tax evasion happens when a taxpayer falsifies the facts surrounding their financials in an attempt to defraud the IRS.
In order for the tax fraud charge to stick, the prosecutor must definitively prove these two key elements:
The taxpayer knows that S/he owes the IRS, and
The taxpayer had deliberately attempted to avoid paying taxes
Below are a few examples of tax evasion that may result in criminal proceedings being brought against you:
Similar to how anybody can be the subject of an IRS audit, anybody can commit tax fraud. Various other actions may be classified as tax evasion. If you would want to know if a supposed financial crime you’ve been affiliated with can be considered tax fraud, you can reach out to our Asheville tax evasion attorneys at Edwards Law to learn more about your case.
Persons found to have committed tax fraud are subject to strict penalties, including exorbitant fines and jail time. The prosecution has legal precedent to implement criminal penalties and the reason for the levies is to remand the taxpayer and dissuade other taxpayers from participating in any fraudulent dealings. Based on the circumstances surrounding your case, you could be indicted for state tax fraud and federal tax fraud if you’re charged with both accounts of tax evasion.
In the state of North Carolina, a fine is automatically taxed on persons who have an interest in unsettled taxes. Following North Carolina’s §105-130 Statutes:
The Federal government takes income tax fraud very seriously. When the offender is convicted at the federal level, it is classified as a felony and they can face other punishments permissible by law including:
If you’re not in the position to pay up the entire taxable amount on time, the IRS may offer you some reprieve and allow you to come up with a payment plan. Both corporations and individuals are eligible to get a payment plan option on outstanding taxes. An agreement will provide you with more time to come up with the remaining funds, or schedule payment criteria.
If you want expert help formulating a payment plan or want to make other arrangements, the tax evasion attorneys at Edwards Law can aid negotiate a plan with the IRS – call us now for help! If there’s a discrepancy with the amounts being alleged to be evaded or demanded, we will work alongside financial analysts to countercheck the calculations and records. We will help you work out a plan that works specifically for your financial situation.
Don’t disclose any information to the IRS or their agents before consulting with a qualified Asheville tax evasion attorney. Regardless of the circumstances surrounding the case, it is to your benefit that you enlist a skilled criminal defense attorney to navigate you through proceedings. Our defense attorneys can aid you contest charges of tax fraud using the following grounds of defense:
If you’re under investigation or are under suspicion for tax evasion, you can rely on our seasoned Asheville tax evasion lawyers at Edwards Law to build a solid defense case that safeguards your rights and reputation.
Regardless if it’s a tax filing issue or tax evasion case, Edwards Law defense attorneys provide premium legal representation to assist you to find a favorable solution for your tax problem. If the IRS flagged you as a potential tax evader and you’ve been summoned before a Grand Jury or have received from an IRS special agent, please call us at (828) 702-8743 right away!