Top Criminal Tax Attorney In Henderson

If you are facing an audit, you are not required to have an attorney, however an attorney can be hugely beneficial for several reasons. First, if your audit is going to be complicated, a lawyer can make sure you comply and don’t end up with tax liabilities. Second, if you are suspected of fraud or other willful actions, you should contact a lawyer to protect your rights and build a strong defense. If you believe the audit outcome will not be favorable, a lawyer can help evaluate the findings and challenge them if necessary. During the audit, your lawyer can help you organize your records and help you ensure you provide everything the IRS needs. This can reduce the chance of non-compliance. They can also communicate with the IRS on your behalf, negotiate settlements where necessary, and make sure you are treated fairly.

An IRS investigation starts with a notification where you will be contacted by mail informing you that you are under investigation. If you are under civil investigation, you will recieve an audit notice explaining the issue that is being investigated. For criminal investigations, you won’t always know what is happening at the beginning as the special agents work quietly at the beginning as they gather information. Most people who are under investigation experience a civil investigation. In this case, you will be asked to provide additional documents to clarify certain items. If there are discrepancies found, you could face penalties, additional taxes owed, or a change to your tax filings. Once you have provided your documents, the IRS will examine them, possibly request more information, and then resolve the case by informing you of the penalties, additional taxes, and any interest owed.

Yes, the IRS can and will pursue criminal charges if you are willfully violating tax laws. Many tax issues can be resolved through civil penalties, but for more serious cases, you can experience a criminal investigation. Typically the IRS won’t pursue criminal charges unless there is a willful avoidance of taxes owed or you willfully filed fraudulent tax returns. This means that if you made mistakes, you will face penalties, but will not necessarily experience a criminal investigation. You will know if you are under criminal investigation if you are contacted by an IRS special agent from the Criminal Investigation Division. You may also notice that you have persistent or unusual audit activity. Noticing these situations and more can make someone nervous and they should reach out to a tax lawyer right away.

The easiest way to avoid criminal tax charges is to make sure you comply with tax laws, address any issues right away, and correct anything necessary. There are several steps you can take to reduce your chance of a tax charge even more including, avoiding filing late tax returns, ensuring you report all of your income, and keeping records of all your income, deductions, and credits. Make sure every part of your tax return is honest and avoids exaggerated deductions, or underreported income. We often see a pattern as to who has a higher likelihood of facing tax charges and it typically includes those that have repeated errors or unusual activities on their returns. If you do have mistakes, fix them and be open to cooperation. With compliance and cooperation, you can successfully avoid criminal tax charges. However, if you’re facing criminal charges, reach out to our lawyers!

Yes you can. Tax fraud and evasion are both taken very seriously and if you’re found guilty, you could spend time in jail. However, tax fraud and evasion involve intention so if you accidentally omitted information and are willing to fix the errors, your penalties will not be as severe and you likely won’t face jail time. Intentional tax evasion can put you in jail for up to 5 years for each offense. Tax fraud can land you in jail for 3 years per offense. Your likelihood of spending time in jail goes up if your action was intentional, you underreported a large amount of income, it is a repeat offense, or there are other aggravating factors. Because of this it is essential to have top-notch legal counsel on your side to make sure your rights are protected and you have a defense that will provide the best possible outcome.

Being accused of tax evasion is challenging and leads to serious consequences. You may wonder how you can avoid going to jail if you’re facing this crime and our lawyers can help. Hire us at Silver Law for legal advice, negotiations on your behalf, and for a strong defense strategy. You can also choose to voluntarily disclose any errors you know of before the investigation begins. The IRS provides a program called Voluntary disclosure which can help reduce penalties and the possibility of criminal prosecution. Look at your past filings and correct any errors or omissions which will help show a willingness to comply. Most importantly, follow the directions of your lawyer who will do everything in their power to protect your rights and freedoms every step of the way.

It is important to understand the difference between tax avoidance and tax evasion as they both can lead to significantly different consequences. Tax avoidance is a method using tax laws, loopholes, and strategies to legally avoid certain taxes. Those pursuing tax avoidance use methods such as allowable deductions, credits, exemptions, and more. There are no penalties for tax avoidance as it is typically legal, though sometimes questionable in ethics. Tax evasion, however, is avoiding taxes in ways that are illegal by misrepresenting or concealing information. Tax evasion uses methods such as falsifying records, underreporting income, or overstating deductions and comes with hefty consequences. Facing tax evasion can have a serious impact on your life so if you are being accused, reach out to our lawyers right away.

Not complying with a tax audit can happen in several ways and can cause different consequences. You can face fees and fines for failure to file required returns or documents and failure to pay the penalties for the late payment of your assessed taxes. Not only that, but your unpaid taxes will accrue interest every day they are not paid. If you do not respond to requests for information for your audit, you could be subject to an estimated tax assessment which will look at your past returns and estimate your liability from there. This can often be overestimated. As a more serious consequence, you could have your business license revoked or a lien could be placed against your property. Willful noncompliance or evasion could lead to criminal charges including fines, imprisonment, and a permanent criminal record for fraud or evasion. If you are facing a tax audit, it can be helpful to hire a tax lawyer, especially in high-stakes cases, to make sure you don’t face any unintended consequences.