What To Do If You Are Facing Tax Evasion Charges
Tax evasion is a unique crime and can often sneak up on those accused. Filing your taxes can be confusing and complex, especially for those who are handling substantial amounts of assets and debts. In the event that you are being investigated for tax evasion, it is critical that you take the situation seriously and take the necessary steps to secure effective legal representation. State and federal tax code are extraordinarily intricate and in many cases, those under investigation for tax evasion may not have done anything wrong. Rather, the individual may have simply misunderstood tax rules and regulations. This is common in many tax evasion cases as tax evasion is one of the most misunderstood charges.
Tax evasion charges are the most common among affluent members of society. This is due to the simple reality that those with more financial resources also have more to account for when filing their taxes. This can lead to increased opportunity for a misstep. In most cases, if you have been charged with tax evasion it is because the United States Internal Revenue Service believes you have not correctly paid the taxes you owe. This can range from an egregious attempt to hide money from the government to the more common instance of an individual simply miscalculating the amount of money they owe.
Punishment For Tax Evasion
In most cases a mistake will not be considered tax evasion, however, what exactly is considered a “mistake” can be left to the discretion of law enforcement. Generally, a mistake may lead to tax evasion charges if the Internal Revenue Service determines that the mistake led to a significant reduction in the amount of taxes you paid. In many instances where an individual is dealing with a large amount of assets and debts, it is common for perceived tax evasion to actually be a misunderstanding of United States tax code.
Tax evasion penalties are considered some of the harshest of the non-violent crimes. Fines associated with a tax evasion conviction can often derail an individual’s financial future and result in a significantly altered quality of living. In most cases, the best alternative for those who are facing tax evasion charges is to seek a resolution where you are able to pay what you owe and correct the error. This is the best outcome in most cases and will allow the accused to return to their normal life as quickly as possible.
Contact Us for Help with Your Case
If you have been charged with tax evasion, it is important that you stay calm and understand you are innocent until proven guilty. Once you are aware of the situation your first order of business should be to contact an experienced Orlando white collar attorney to represent you during your case. Contact the Baez Law Firm to discuss your case and formulate the best plan to protect your freedom. Your attorney will help you fully understand the charge you are facing and work to create the best defense for your situation.