Tax related crimes in Miami city entail
filing of false tax return, non payment of tax, enclosure of fake documents or
complete failure of the filing process of tax return. Most people believe that
by hiding their real income they can lessen their tax amount and thence can
save money from the tax officials. Nonetheless, such thought can prove to be
more detrimental for the taxable individual. Internal Revenue Service sets up a
tax audit whenever they smell anything wrong. Therefore, to avoid such
situation, you should consult any tax defense
lawyer in Miami beforehand.
In majority of the audit cases, the main
target of the IRS is to accumulate the tax payable by any person along with
interest and penalties. They generally levy penalties to the late filers.
During the course of tax audit if IRS suspects any kind of fraud, they can levy
civil tax fraud penalty on the person. The penalty amount is almost three
fourth of the tax owned along with the interest on such penalty. In such situation, the criminal tax defense
lawyer in Miami can be the only person to help the taxable individual out of
this problem.
The IRS officials may appoint any tax fraud
specialist to handle the case. He will scrutinize whether the case should be
sent for trial under criminal laws or not. The tax fraud specialist is not
actually a lawyer but possess substantial experience in this type of cases. If
required they may also consult the in-house lawyers of the IRS. The accused
person in such situation should hire a premier Tax attorney in
Miami.
The penalties for
criminal tax fraud are really severe. If the allegations are proved then the
individual may be sentenced for 5 years of imprisonment along with a fine of
almost half a million dollars. IRS may include civil tax fraud penalties along
with fines regarding criminal tax. Furthermore, criminal charges of any type
means complete hamper of the family life of the person. In such situation a
criminal tax lawyer in Miami is the only person to help you out of this.
Nevertheless, it is vital for every person to realize the actual meaning of tax
fraud.
