To truly understand this question, one must first understand the definition of tax evasion. The Internal Revenue Service is the primary federal agency tasked with enforcing tax crimes. Generally, taxpayers attempting to evade paying income taxes, either in an individual capacity or as a component of a corporate scheme, are culpable of tax crimes. As discussed in one of our previous blog posts, each of these instances carries penalties of up to five years in prison and fines of $250,000.
Florida authorities are constantly on the lookout for financial crimes, since the state has seen more than its share. In particular, tax crime cases have become more and more prevalent. A recent one just resulted in two convictions.