IRS Prosecution of Tax Deception Rises – Get Help for Back Taxes
There have always been tax cheats. However, because times are tough, the amounts of taxpayers thinking about some deception on their tax returns are rising. The best advice is not to cheat. The Internal Revenue Service is determined to get as many tax evaders or tax cheats as they can. The consequences of tax fraud are serious. The best way to see cheating doesn’t work is to take note of actual cases where people got caught.
The owner of an automatic car wash company had their customers pay cash and coins prior to entering the wash stall. The person in charge of the book-keeping took the money home. There, the money was counted and the cash was totaled in two registers. One register for actual revenue and the other for the money they were going to declare. The revenue they were going to declare was placed in a bank account. The other was utilized for personal expenses. They believed that money could not be traced.
The car wash business was eventually caught by the ever vigilant Internal Revenue Service. They were faced with a $250,000 fine and up to five years in jail. Their crime was cheating the Internal Revenue Service of $133,000. More and more people are being tried for tax fraud and this should act as a warning. The consequences are always far greater than the amount that is owed.
Another case involved a business person in Iowa who got a jail term of three and half years. His crime was bankruptcy fraud. This business person filed tax returns that were false. Another case involved a man in Florida who got four years in jail. He did not declare earnings of $3 million. Both these individuals believed what they did was under the radar and therefore not traceable. It is far more sensible to seek the help that is available from the Internal Revenue Service.