Under federal law, it is illegal to pay less tax than the law mandates and anyone convicted of federal tax evasion will be subject to a prison sentence, a fine or both. Although, the failure to file a federal tax return one time is a misdemeanor, a person who fails to file for several years can be charged with a felony. If you have been charged with federal tax evasion, it is important to speak to an experienced attorney who has a good understanding of federal tax evasion laws.
If there is a legitimate case for tax evasion, an attorney should be contacted immediately. A conviction for federal tax evasion requires proof of three things:
If these three conditions are met, there is a high likelihood that you could be punished for tax evasion. Federal tax evasion is a serious offense and repeated offenses can result in a felony conviction, which will remain on your permanent record. If you have been accused of federal tax evasion, search for an experienced attorney in your area today.