As a taxpayer, do you know what to do if you’re the center of allegations of tax evasion? Here, we’re going to explore some essential things you need to know about tax evasion allegations. If you are facing tax-related issues of any kind, you should contact a tax attorney for assistance.
What Is Tax Evasion?
Tax evasion is the practice of hiding income or assets from tax authorities. It can be as simple as failing to declare a purchase or more complex cases, such as using an offshore account to hide income. The good news is that you can avoid tax evasion by following the law and reporting your income when it’s due.
What Are the Allegations of Tax Evasion?
In a nutshell, allegations of tax evasion happen when the IRS suspects that you are not being truthful about your income. You can be accused of tax evasion if you fail to pay taxes on income from work or selling goods and services that you’re not supposed to be earning. There are many reasons for which this might happen, but the most common is when people are trying to avoid paying their taxes by taking advantage of legal loopholes in the system. Here are some more examples:
1. Not reporting all the income that you earn on business activities
2. Using a specific type of tax filing so as to inflate their expenses
3. Shopping around for tax deductions in order to get a lower overall tax bill
Now that you have a better understanding of tax evasion and what it looks like, what can you do about it?
You’re Accused of Tax Evasion. Now What?
If you’re a taxpayer, there are some things that you should know about allegations of tax evasion.
First, before you get started on the process of dealing with the IRS and any potential fallout from accusations of tax evasion, remember that the law requires that anyone who is accused of tax evasion must be presumed innocent until they are proven guilty. Additionally, there’s no statute of limitations for criminal charges against someone who has been accused of tax evasion.
Second, when you’re contacted by the IRS or members of other law enforcement agencies in connection to an allegation of tax evasion, it’s important to know what to do next. If you’re contacted by these officials, here’s what to do:
Keep your composure—do not panic or show signs of being upset. If you know you’re innocent and you’ve not intentionally tried to hide your income or get out of paying taxes, you should speak with a tax attorney to help you.
Be polite and courteous—you never know if the official receiving your call may be working on your case. Don’t do or say anything that paints you in a bad light.
Ask for their name and number, as this will help ensure accuracy in case you have any questions later. What’s more, it can make it easier for any other people working on your case to pull up notes and other information. And if you work with a tax attorney to help you sort out the allegations against you, it’s best to provide them with as much information as you can.
You can help your attorney build your case by providing notes and details about your encounter with the IRS. The more information you can give your tax attorney, the better they can help you.
Ask what agency they represent. If they don’t provide this information up front, request it immediately to help ensure that you’re speaking with a legitimate official. Unfortunately, there are many scams attempted every year by fraudsters who use intimidation to get money from their victims—and posing as IRS officials is one way they do this.
If you’re at all unsure as to whether you’re speaking with an IRS official or you just want to ensure the legitimacy of tax evasion allegations, you should contact a tax attorney right away. Your lawyer can assist you in determining the cause of the allegations and help you avoid unnecessary charges if you didn’t intentionally try to evade paying your taxes.
By calling the Law Offices of Mary E. King, you can be sure to have an experienced tax attorney in your corner working to resolve your concerns of tax evasion. To discuss your tax situation, contact Mary King today and get the legal representation you deserve.
Call Tax Attorney Mary King for Assistance
The information in this blog post is for reference only and not legal advice. As such, you should not decide whether to contact a lawyer based on the information in this blog post. Moreover, there is no lawyer-client relationship resulting from this blog post, nor should any such relationship be implied. If you need legal counsel, please consult a lawyer licensed to practice in your jurisdiction.