Alexandria Tax Violation Defense Lawyers

Helping Clients in Virginia Understand U.S. Tax Evasion Laws

Calculating and paying your taxes can be a complicated process, especially if you run a business or experienced a change in your finances over the past year. While it is not uncommon to make a mistake, sometimes certain errors can lead to serious criminal charges pursued by the Internal Revenue Service (IRS).

If you or a loved one is being accused of tax evasion or tax fraud in Virginia or Washington D.C., Bynum & Jenkins Law is dedicated to helping you avoid conviction or serving harsh criminal penalties, like a federal prison sentence. Our Alexandria tax fraud defense attorneys have a comprehensive understanding of the complexities of U.S. tax rules and regulations to guide you through the legal process and obtain the justice you deserve. 

Are you facing a tax violation? Call Bynum & Jenkins Law today at (703) 537-5522 or contact us online to schedule a meeting with one of our tax violation defense attorneys in Alexandria! 

What is Tax Evasion?

Tax evasion, also known as tax fraud, means intentionally attempting to defraud the IRS or evade tax law by failing to report your income, reporting less than you earned, hiding money in bank accounts in other countries, underreporting the value of your assets, improperly claiming tax deductions, or otherwise making false or fraudulent claims on your taxes. To be convicted of tax evasion or fraud, the prosecution must prove that you intentionally committed the crime.

Common Types of Tax Evasion

Common examples of tax fraud include:

• Falsifying documents
• Claiming personal expenses as business expenses
• Hiding, transferring, or understating income
• Concealing assets
• Paying employees in cash to avoid being subject to payroll taxes
• Falsely claiming or inflating charitable donations

What Are the Penalties for Tax Evasion? 

Tax evasion is a serious crime that can result in severe penalties, including fines, imprisonment, and other consequences. The penalties for tax evasion depend on the case's specific circumstances, including the amount of tax evaded, the number of years involved, and whether the taxpayer made any efforts to conceal the evasion.

In general, the penalties for tax evasion may include the following:

1. Civil Penalties: Taxpayers who have committed tax evasion may be subject to civil penalties, including fines, interest charges, and other fees. These penalties may be imposed in addition to any criminal penalties.
2. Criminal Penalties: Tax evasion is a federal crime, and those convicted may face significant criminal penalties. These penalties may include fines of up to $250,000 for individuals, up to $500,000 for corporations, and imprisonment for up to five years. In addition, the court may order the defendant to pay restitution to the IRS for the taxes owed.
3. Loss of Professional Licenses and Certifications: Tax evasion convictions can also result in the loss of professional licenses and certifications, including licenses to practice law or medicine, securities licenses, and other professional designations.
4. Damage to Reputation: Tax evasion charges can also significantly impact a person's reputation and stand in the community. A conviction for tax evasion can result in social stigma, damage to business relationships, and other consequences.

In addition to these penalties, taxpayers who have committed tax evasion may also be subject to increased scrutiny from the IRS. This can result in additional audits, penalties, and other consequences.

Contact Our Alexandria Tax Violation Defense Attorneys Today 

If you are facing tax evasion charges, working with an experienced tax defense attorney who can help you understand your options and build a strong defense on your behalf is crucial. With the right legal representation, you can work towards the best possible outcome for your situation and protect your rights and freedoms.

Contact Bynum & Jenkins today to schedule a consultation with one of our tax violation defense lawyers in Alexandria today!