Knowingly not filing your taxes, providing false information, and other tax crimes can have serious consequences for taxpayers. While some penalties may come in the form of fines, some punishments can be as severe as prison time. Take a look at five tax crimes and their penalties and learn why you need a tax attorney to represent you.
Key Insights We Will Discuss
-Consequences of filing a fraudulent return
-Tax evasion charges
-Penalties for not filing your taxes
-Charges for knowingly not paying your taxes
-Penalties for willingly not disclosing offshore bank accounts