Alexandria Tax Violation Defense Attorneys

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.

Learn more information from our tax violation defense attorneys in Alexandria by calling (703) 537-5522 or contacting us to schedule your free consultation today!

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 actually 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. In order to be convicted of tax evasion or fraud, the prosecution must prove that you intentionally committed the crime.

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 felony offense, which carries a maximum federal prison sentence of five years and/or a fine not exceeding $250,000 for individuals or $500,000 for businesses. Making a false or fraudulent claim is punishable by a federal prison term of no more than three years and/or a maximum fine of $250,000 for individuals or $500,000 for businesses. On the other hand, failing to file a tax return to pay taxes in a timely manner is misdemeanor, which can result in imprisonment in a federal prison for up to one year and/or a maximum fine of $100,000 for individuals or $200,000 for businesses.

Contact us today to discuss your case with the firm.