Sometimes, tax evasion cases will end with a plea agreement being reached, rather than a trial. These agreements generally involve prosecutors promising some form of leniency, such as a dropping of certain charges or a lower sentence recommendation, in exchange for a...
Tax preparers can face serious consequences if they are accused of defrauding clients or committing tax fraud in connection to the tax returns they prepare for clients. Being convicted of charges related to these kinds of fraud can result in a person facing severe...
Recently, prisoner tax fraud has been getting a fair amount of attention in the media and from government officials. This fraud generally involves prisoners filing fraudulent tax returns in order to receive refunds that they are not entitled to. Reportedly, the number...
A person can face heavy punishments if he or she is convicted of hiding income from the U.S. government. One type of income a person can get in trouble with the government for hiding is prize income. This can be seen in a recent tax evasion sentence that was given to...
An individual can face harsh punishments if he or she is found guilty of falsely filing tax returns under someone else's name in order to fraudulently receive tax credits. These punishments can include jail time and monetary fines. A woman has recently received both...
The federal government has shown an increased willingness to bring criminal charges against those suspected of committing tax evasion using offshore accounts. Recently, a man pled guilty to criminal charges in a U.S. tax evasion case.The case involves a man who...
Federal authorities are often aggressive in their investigations of alleged tax fraud schemes. And, it is not only the taxpayers who supposedly benefited from alleged fraud schemes that can face criminal charges. Authorities will also generally pursue charges against...
Offshore accounts, and the bankers who manage them, have increasingly been targeted by the U.S. government in its tax evasion enforcement. This can be seen in a criminal tax case which has recently been brought against a Swiss banker.The case involves a 45-year-old...
