Income Tax Evasion Charges

Simply put, tax evasion constitutes efforts by individuals, firms, trusts and entities to avoid taxes through unlawful methods. Tax evasion more often than not involves taxpayers intentionally misrepresenting or hiding the actual state of their financial situation to tax authorities. This is in an effort to lower their tax liability which includes false tax reporting. Methods to achieve this end include overstating deductions, declaring less income, or more gains than actually earned.

Tax Evasion Sentencing & Penalties

The mean sentencing time for tax offenses is 16.6 months, however penalties can be worse. Upon conviction, the penalty for tax evasion could possibly be imprisonment for a period not exceeding two years or a fine not exceeding $25,000, or both.

For more information, case examples, and statutes, see John Teakell's Federal Tax Evasion Case Brief.

If you or a loved one has been accused of alleged federal income tax evasion, contact income tax evasion defense attorney John Teakell for your 100% free consultation by submitting your information here.