Source: https://klasing-associates.com/tax-attorney/oakland-irs-fraud-attorney-cpa/
Timestamp: 2019-04-23 20:13:10+00:00

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Oakland residents who commit tax fraud place themselves in serious jeopardy of life altering negative legal and financial consequences. The taxpayer may be investigated and criminally prosecuted, and if he or she is convicted, will face penalties including prison time, IRS restitution, criminal fines, and supervised release. In addition to criminal penalties for tax evasion, civil fraud penalties can also be imposed, amplifying the repercussions of fraud. If you have been accused of, or are under investigation for, willful tax evasion, you need an experienced Oakland tax evasion attorney who will be dedicated to your case from day one.
At the Tax Law Office of David W. Klasing, our Oakland tax attorneys have extensive experience in criminal tax defense. We know when to fight back aggressively, and when it serves our clients best to focus on penalty mitigation. We are here to counsel and protect you if you have exposure to be, or have been, charged with tax fraud in Oakland or elsewhere in California.
What is the Definition of Tax Evasion (Tax Fraud)?
The terms “tax fraud” and “tax evasion” are often used interchangeably (not to be confused with “tax avoidance”). The federal tax evasion statute is located at 26 U.S. Code § 7201, which differentiates between willful attempts “to evade or defeat any tax” under the Internal Revenue Code (IRC). In addition to tax evasion under 26 U.S. Code § 7201, the term “tax fraud” can refer to numerous other tax crimes, some examples of which are summarized below.
These charges are sometimes compounded by additional charges that are not necessarily tax-specific, such as conspiracy to defraud the U.S. government (18 U.S. Code § 286), mail fraud (18 U.S. Code § 1341), or aggravated identity theft (18 U.S. Code § 1028A).
Under 26 U.S. Code § 7201, tax evasion is punishable by five years in prison and $100,000 in fines.
Under 26 U.S. Code § 7202, willful failure to collect or pay over tax is punishable by five years in prison and $10,000 in fines.
Under 26 U.S. Code § 7203, willful failure to file returns, supply information, or pay tax is punishable by one year in prison and $25,000 in fines.
Under 26 U.S. Code § 7206, willfully making and subscribing a false return, or helping another to do so, is punishable by three years in prison and $100,000 in fines.
The civil fraud penalty, imposed under 26 U.S. Code § 6663, is equivalent to 75% of the fraud-related underpayment. It may be imposed if a taxpayer makes serious misstatements on a tax return, such as dramatically underreporting his or her income.
In any misdemeanor or felony tax case, it is vital to be prepared and stay one step ahead of the prosecution. If you believe are under investigation for tax fraud, or if you are concerned about the potential outcome of a tax audit, you need to begin developing your defense strategy as soon as possible. Our office has extensive experience with both egg shell and reverse egg shell audits. Reverse egg shell audits are on the rise and are very dangerous for taxpayers.
Contact the tax evasion attorneys at the Tax Law Office of David W. Klasing online to arrange a reduced-rate consultation, or call our Oakland tax office at (510) 764-1020. Alternately, you can reach our main office by calling (800) 681-1295. Please note that any in-person meetings at our Oakland location are appointment only.

References: § 7201
 § 7201
 § 286
 § 1341
 § 1028
 § 7201
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 § 7202
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 § 7203
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 § 7206
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 § 6663