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How to Minimize the Consequences of Tax Crimes in Maryland

| Mar 17, 2017 | tax crimes

Paying taxes is not a hobby to anyone. The greatest number of Americans pay taxes to avoid the grave consequences of federal tax crimes. Others devise strategies of eliminating or avoiding taxes within the legal framework. The Internal Revenue Service (IRS) of the US audits some of the returns submitted by businesses and individuals every year. If your returns reveal some irregularities, the IRS agents target you, and they launch investigations.

When you are found to have evaded or filed false tax returns, the IRS demands that you pay the understated taxes, accrued interest, and a penalty for late filing. Tax fraud penalties can be as high as 75% of the outstanding amount plus interest on the fine. If you have a feeling that the IRS is investigating you, be proactive and consult an attorney. For Maryland residents, you can hire a lawyer from one of the reputable law firms in Rockville. An accredited attorney can cushion you from the harsh penalties which result from tax crimes like:

  • Filing a false tax return
  • Failing to file a tax return
  • Tax evasion
  • Failure to pay taxes
  • Filing false documents
  • Failure to collect employment taxes

An undisputable defense for a tax fraud case in Maryland requires an attorney who can extensively analyze the information gathered by the government agents. The lawyer has to examine the prosecutor’s evidence and compare it with your records. This phase of structuring an effective defense strategy is extremely critical. Tax codes are complex, and most aspects that can only be interpreted by an experienced tax fraud attorney. For instance, many citizens do not know that they have the right to condense the amount of taxes they submit to the government to the least amount legally possible.

Lawyers have plausible explanations for almost all circumstances. Most of the time, you can avoid criminal tax consequences totally. You can achieve this by involving a lawyer conversant with tax laws at the inception of the investigation. The attorney will protect your legal rights and will stop at nothing to grant you immunity from harsh fines. A fruitful outcome during the prosecution of IRS tax cases relies hugely on the individual representing the suspect. Take your time in selecting a qualified lawyer to defend you and ensure that he or she can handle any form of tax controversy. This will guarantee you a ruling which will not adversely affect you economically and psychologically.