Law Offices of Christie A. Leary P.C.

Fairfax • Manassas

Phone 703-359-7111
Toll Free 800-823-1127
Print Page

Fairfax/Manassas Criminal & Personal Injury Blog

We all do things to save money. Whether it is by clipping coupons, budgeting or shopping sales, saving money is essential in all aspects in life. But there are certain areas where one is unable to save much money. Because we must all pay taxes, the only way to legally reduce this obligation is through deductions and tax credits. Unfortunately, taxes must be paid, even if money is tight. The failure to pay taxes could result in a tax evasion charge.

Tax evasion is a type of fraud that involves a taxpayer's willful underpayment of taxes or the act of concealing income earned from the IRS. Such a charge is not minor or treated as such. Those found guilty of this white collar crime could face fines and even jail time.

What is the difference between tax evasion and tax avoidance? Legally speaking, tax evasion is different from tax avoidance. Tax avoidance is the legal act of taking certain steps to avoid paying your taxes. And if a person plays by the rules, he or she may not get in trouble for it. It is when certain lines are crossed, such as those that result in breaking the law in an effort to lower taxes, when a person can face a tax fraud charge.

Tax fraud occurs when a person willfully violates a tax code. This could occur in a variety of situations from concealing their income to filing a fake tax return in an effort to obtain another's tax return. Tax evasion, a subset of tax fraud, could include illegal measures taken to avoid paying taxes, such as hiding income from the IRS, overstating business expenses and even falsifying records as a means to claim larger deductions.

If a person lies on their tax return, pays less taxes and the IRS finds out, there is a good chance he or she could face criminal penalties. A person convicted of tax evasion could face up to five years in prison and up to $25,000 in fines. Even if a person is not convicted, he or she could face civil penalties. This penalty could be up to 75 percent of the taxes underpaid plus the original taxes owed in the first place.

Being accused of tax evasion is a serious situation and should be treated as such. If you believe you have been wrongfully charged with this white collar crime, it is important to understand your criminal defense rights. By collecting necessary evidence and asserting the proper defenses, a defendant could ultimately have the charges reduced or dismissed.

Source: Qctimes.com, "Just How Bad Do Tax Evasion Penalties Get?," Maurie Backman, April 3, 2017

No Comments

Leave a comment
Comment Information
Email Us For A Response

email the Firm

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

View our Blog

  • Stress, anxiety, frustration, confusion, fear, pain and injury are all emotions which can play havoc on an individual following a motor vehicle accident. Few individuals have the training...
  • In your vehicle, check to ensure that you keep the following in your glove compartment: (1) Vehicle registration (2) Insurance information (3) Small notepad (4) Pen (5) Disposable Camera...
  • First, assess whether you or anyone else involved in the incident requires medical attention. Call 911 immediately if any one requires medical attention. Your health and safety and the safety of others involved in the accident is paramount.
  • In the aftermath of an accident, you will feel as if you have entered into your own personal 4 ring circus.

Read More

Review Us
Law Offices of Christie A. Leary P.C.

Fairfax Office
10505 Judicial Drive, Suite 203
Fairfax, Virginia 22030

Fairfax Office Map

Manassas Office
9300 W. Courthouse Rd., Ste 204
Manassas, VA 20110
Manassas Office Map

Attorney AT LAW


LOCAL: 703-359-7111
TOLL FREE: 800-823-1127
FAX: 703-543-5478
Email

Visa | Master Card | American Express | Discover