Tax evasion is one of the most commonly prosecuted crimes in the United States. It’s considered to be a white collar crime. Tax evasion is defined as the willful and intention scheme to cheat on and evade one’s taxes. Other parties can also be charged for participating in the crime. 

If you have been charged with tax evasion, you should hire an experienced and skilled tax evasion lawyer in Los Angeles to give you the best shot of clearing your name. Consult with Anand Law Group, P.C., today.

Tax Evasion Charges and Penalties

Tax evasion involves people purposely submitting misleading and false information about their financial situation to reduce their tax liability. This includes intentionally declaring less income (profits, gains, etc.), dishonest reporting, and even overstating deductions.

A common example of tax evasion is accepting a substantial amount of cash as a payment and not reporting the gain on your tax form. Tax evasion can follow an audit from the IRS and a lengthy inquiry into your finances, which uncovers false or concealed information on tax returns.

Tax evasion is a federal crime punishable under the Internal Revenue Code. Tax evasion can also carry significant repercussions for those that have been indicted. If convicted, you can face a prison sentence, monetary penalties, and/or restitution.

Learn How a Los Angeles Tax Evasion Attorney Can Help

You can’t afford to delay hiring a reputable Los Angeles tax evasion attorney for your case. To get started, contact us directly at Anand Law Group, P.C., and speak to a member of our passionate legal team.