Monday, October 09, 2006

Tax Fraud Lawyers

Some individuals and organizations do not follow the standard procedure of paying their share of taxes to the government. By not doing so, they are committing a crime under the income tax laws of the US. The act of flaunting the rules and laws institutionalized for the proper functioning of the government is considered a serious offence. These types of crimes are termed as white-collar crimes in legal circles, as civilized citizens with no history of crimes commit these offences.

Tax fraud is a term used to refer to offenses such as tax evasion, non-filing of tax returns, forgery, non-declaration of assets and income, misrepresentation of conditions for the purpose of tax exemption and other such actions related to the payment of taxes. Tax fraud lawyers are specialized attorneys that deal with issues of tax fraud and represent clients who are accused of tax fraud.

Unlike other kinds of tax lawyers, tax fraud lawyers do not advice on tax planning or filing of income tax returns. Clients specifically employ them when they anticipate government interrogation regarding their taxes or after they have been charged for tax fraud. Though the issue is morally wrong, tax fraud lawyers work on ways to negotiate with tax authorities and help their clients legally evade taxes to a limited extent and mitigate their situation with regard to the charge of tax fraud.

Many tax frauds are caused due to limited or erroneous knowledge of the tax laws. Some tax consultants misguide their clients with contradictory tax plans, which ultimately results in unplanned tax evasion. If an attorney proves that his client is the innocent victim of wrong tax advice by some tax consultants, it?s likely that the charges against them might get dropped or a lenient sentence might be passed. It is very important to select tax consultants carefully as only those with proper industry certifications and detailed exposure to such cases can help people solve what can be tricky situations with the IRS.

The most common method adopted by tax fraud lawyers to get relief for their clients is by convincing the tax authorities that prosecuting the defaulter will do more harm than good and would not fetch them the recoverable tax dues. When this line of reasoning is well presented, the authorities might settle for the middle path by accepting payments in installments or waiving off a part of the tax dues instead of prosecuting them.
Some individuals and organizations do not follow the standard procedure of paying their share of taxes to the government. By not doing so, they are committing a crime under the income tax laws of the US. The act of flaunting the rules and laws institutionalized for the proper functioning of the government is considered a serious offence. These types of crimes are termed as white-collar crimes in legal circles, as civilized citizens with no history of crimes commit these offences.

Tax fraud is a term used to refer to offenses such as tax evasion, non-filing of tax returns, forgery, non-declaration of assets and income, misrepresentation of conditions for the purpose of tax exemption and other such actions related to the payment of taxes. Tax fraud lawyers are specialized attorneys that deal with issues of tax fraud and represent clients who are accused of tax fraud.

Unlike other kinds of tax lawyers, tax fraud lawyers do not advice on tax planning or filing of income tax returns. Clients specifically employ them when they anticipate government interrogation regarding their taxes or after they have been charged for tax fraud. Though the issue is morally wrong, tax fraud lawyers work on ways to negotiate with tax authorities and help their clients legally evade taxes to a limited extent and mitigate their situation with regard to the charge of tax fraud.

Many tax frauds are caused due to limited or erroneous knowledge of the tax laws. Some tax consultants misguide their clients with contradictory tax plans, which ultimately results in unplanned tax evasion. If an attorney proves that his client is the innocent victim of wrong tax advice by some tax consultants, it?s likely that the charges against them might get dropped or a lenient sentence might be passed. It is very important to select tax consultants carefully as only those with proper industry certifications and detailed exposure to such cases can help people solve what can be tricky situations with the IRS.

The most common method adopted by tax fraud lawyers to get relief for their clients is by convincing the tax authorities that prosecuting the defaulter will do more harm than good and would not fetch them the recoverable tax dues. When this line of reasoning is well presented, the authorities might settle for the middle path by accepting payments in installments or waiving off a part of the tax dues instead of prosecuting them.

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