Danville, Illinois Tax Fraud Attorney
The saying goes that nothing is certain but death and taxes, but there is another sure thing you can expect for violations of Illinois and US tax laws: You could face serious charges for tax fraud. When you think about the numerous tax liabilities you incur as an individual or through a business, it is easy to see how you could unintentionally run afoul of the requirements. However, authorities aggressively pursue both innocent mistakes and intentional schemes to defraud, and the penalties for a conviction on tax fraud charges can be severe.
Things may seem grim if you were arrested for tax fraud, but keep in mind that there may be defenses and options for resolving the charges. Our lawyers at Patel Law, PC are well versed in the laws, so we can develop a strategy that supports your interests. Please contact us today to schedule a consultation with a Danville, Illinois tax fraud attorney, and read on for some background information.
How Tax Fraud Laws Work
The landscape of tax statutes covers individuals, organizations, trusts, assets, estates, and many other entities. Plus, there are numerous transactions, operations, relationships, and activities that trigger tax laws. A person could be charged with tax fraud for supplying false information in connection with:
- Reporting and submitting documents required by the tax authority;
- Determining tax liability; and,
- Paying the tax due.
Income tax fraud is among the most common schemes, usually involving a person concealing property or making income “under the table.” A business organization, including corporations, trusts, partnerships, and sole proprietorships can also be charged for fraud with income taxes. Plus, misrepresentations with respect to payroll taxes, property and real estate, and estate and inheritance taxes may constitute tax fraud.
Options for Defending Tax Fraud Charges
If convicted of tax fraud, a judge could order up to five years in prison, along with a fine of up to $250,000 for individuals and $500,000 for organizations. However, there is an important defense available in many tax fraud cases, mainly because of the outrageously complex tax laws: You simply made a mistake. If there are no outward, obvious indications of fraud, there is no crime.
Our Danville, Illinois tax fraud lawyer at Patel Law, PC is prepared to pursue additional defense options, including:
- Tax fraud cases require the prosecutor to prove specific intent and that you intentionally, knowingly engaged in misconduct.
- In investigating tax fraud cases, officials often overstep their bounds. They could violate your civil rights by conducting an unlawful search into your activities.
- The statute of limitations on tax evasion under IRS rules is six years, so it is a defense if authorities file charges after the deadline expires.
Call Now to Speak With a Danville, Illinois Tax Fraud Attorney
This overview of the legal process is useful for showing where you can leverage defenses, but you are at a disadvantage going up against an experienced prosecutor. Patel Law, PC will prioritize your rights and fight for the best possible result, so please contact us to set up a consultation with an Illinois tax fraud lawyer. We can provide details after reviewing your case.