by lawfirm | Aug 18, 2022 | Criminal Law, Federal Crimes, Felonies, Tax Evasion, White Collar Crimes
Tax evasion is where an individual or a business intentionally finds ways to avoid paying what would be their actual tax liability. When someone is caught trying to avoid paying their taxes in this manner, they can face serious criminal charges, including hefty fines...
by lawfirm | Aug 18, 2022 | Motor Vehicle Accidents, Personal Injury, Tax Evasion
Many taxpayers have heard the term “tax evasion,” but they don’t necessarily know what it means. Investopedia defines tax evasion as, “an illegal activity in which a person or entity deliberately avoids paying a true tax liability.” When someone is caught evading...
by lawfirm | Aug 18, 2022 | Criminal Law, Tax Evasion
If you’re an independent contractor or business owner, you may fear an IRS audit – maybe you’re afraid of making a mistake and being sent to federal prison. The idea of an IRS audit strikes fear in the hearts of millions of Americans every year, especially those who...