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Tax fraud is considered one of the most serious financial crimes in the United States. Tax fraud is the act of misrepresenting tax information so that monetary liability is reduced. Tax fraud can be committed by an individual, a firm or a business. Underreporting taxable income, forging tax documents or overstating deductions are also types of tax fraud that are punishable by law.
Tax fraud cases are in the hands of The Internal Revenue Service (IRS) who are responsible for the investigation. The IRS will gather enough evidence to prove that tax fraud is occurring and the case goes through several reviews before official charges are filed with the individual or business. The penalties for tax fraud are serious, ranging up to 5 years in jail and fines for up to $500,000.
An experienced tax fraud criminal defense lawyer can help you strategize your defense against tax fraud. A criminal defense lawyer knows that a person's or business' financial well being is important and can help by settling your case for less than the IRS demands. Criminal defense lawyers can help you avoid tax fraud penalties if you have been formally charged.
If you or someone you know has been criminally charged with tax fraud, contact Attorney Search Network today to secure your finances. Attorney Search Network can help you find an experienced criminal defense lawyer in your area.
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If you have any questions about the information provided above, please contact Attorney Search Network.
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