Michigan Tax Fraud Lawyer
Do you think the IRS or the state is after you for tax fraud? Contact a Michigan tax fraud attorney with The W Tax Group before it is too late.
Each year, many people try to cheat the Internal Revenue Service (IRS) or the state of Michigan by misrepresenting their tax liability. Lying on your tax return is called tax fraud, sometimes referred to as tax evasion, and it’s a crime.
Making a mistake is not the same thing as tax fraud. Many Americans make mistakes on their tax returns each year, but so long as the mistake isn’t deliberate, the IRS won’t consider that a criminal act. Tax fraud is a criminal act, and you can be punished for it.
For instance, you could be hit with penalties, fined, given civil penalties, and prosecuted in criminal court. If you believe that the state or the IRS is after you for tax fraud, get help from a Michigan tax fraud lawyer near you.
How Does Michigan Define Tax Fraud?
Whenever a person is purposely lying about their income on a tax return, this is considered tax fraud. Tax evasion is very similar (some consider it the same as tax fraud), but can be differentiated as doing more than simply lying on your return.
For instance, if you are hiding money in a separate bank account to conceal your assets, or you are keeping two sets of books to hide how much your business is making, you are committing tax evasion.
It is illegal to not report your full income to the government, and it’s illegal to conceal your income. Let’s get into some examples of tax fraud to give you a better understanding of how easy it is to commit.
Examples of Tax Fraud
Anyone can commit tax fraud. For instance, if you work in a service industry where you receive tips, not reporting those tips as income is a form of tax fraud. Other examples of tax fraud are:
- Claiming deductions you aren’t entitled to
- Trying to pass off personal expenses as business expenses
- Lying about how many dependents you have
- Overstating your deductions
- Using a false Social Security number
- Purposely underreporting your income
- Concealing assets
It’s important to note again that making a mistake is not the same thing as tax fraud. Some people underreport income unintentionally or mistakenly believe they are entitled to a deduction that they actually aren’t entitled to. You should speak with a nationwide tax fraud lawyer from our headquarters in Michigan if you believe that’s your situation.
Contact a Michigan Tax Fraud Attorney
As you can see, tax fraud is a serious offense that’s simple to commit, and it has serious penalties associated with it. There are ways to get the IRS or state to drop a charge of tax fraud, but you’ll likely need the help of a Michigan tax fraud lawyer. Your attorney can examine your situation and determine the best approach for dealing with the IRS or the state.