Colorado readers know any type of criminal charge can have a significant and detrimental impact on their futures. Regardless of the nature of your case, you would be wise to take quick action to defend your interests, especially if you are facing financial crime charges or allegations of white collar criminal activities.
One serious type of white collar crime is tax evasion, and if convicted, you could face time behind bars and a myriad of other severe penalties. Whether you are already facing charges or you are currently under investigation, it is beneficial to act quickly to learn how you can defend yourself and effectively confront these charges.
What should you know about these charges?
Tax evasion happens when a person intentionally refuses to pay his or her taxes or a business does not pay taxes. Tax evasion is not simply making a mistake on forms and accidentally paying less than you should. It involves intent. Some things you may need to know about tax evasion charges include the following:
- One of the most common ways that tax evasion happens is when a taxpayer greatly underestimates his or her income.
- Business tax evasion most often happens when a company has a significant amount of cash business and is able to under report income without a paper trail.
- It can be difficult to investigate and prosecute tax evasion, but it can happen if the IRS has a reason to suspect you are under reporting income or otherwise intentionally avoiding paying the full amount of what you owe.
If you are facing tax evasion charges, the prosecution will attempt to prove you made mistakes on your tax forms intentionally. While this type of crime is difficult to prosecute, you would be wise to take your situation seriously. These are grave criminal charges, and they merit a strong criminal defense strategy.
Your defense can start now
You do not have to wait to start building a criminal defense tailored to your needs. As soon as possible after an arrest or after you learn you are under investigation, you would be wise to take action to learn about the specific defense options available to you.
With help, it is possible to effectively confront charges of tax evasion and other financial crimes. You are entitled to a presumption of innocence, and you can protect your interests and other rights by reaching out for help. You do not have to face allegations of this type of crime alone.