Was Your IRS Problems Caused By Fraud Or Just Plain Negligence?
Darrin T. Mish - Tampa IRS Tax Attorney
I help business owners save thousands in taxes so that they can use the money to enjoy life more!
Did you know that the IRS admits that only .0022 percent of tax payers are convicted of tax crimes despite their estimate that 17% of tax payers fail to fully comply with the tax code in some way?
But are all violations of the tax code fraud?
Income tax is when anyone willfully attempts to defraud the IRS. This can include:
- Intentionally not filing your income tax return.
- Purposely not paying your tax bill.
- Willfully not reporting all your income on your tax return.
- Including false claims on your tax return.
- Filing a false tax return.
The IRS usually does a good job distinguishing when an error is willful tax evasion or when negligence is to blame.
IRS auditors look for suspicious activities like:
- Embellishments of deductions and exemptions.
- Incorrect information on documents.
- Hidden income and assets.
- Keeping two sets of books.
- Claiming personal expenses as business expenses.
- Using a fake Social Security number.
- Claiming fake exemptions.
- Knowingly under reporting income.
Listen in to a recent episode of my show , The IRS Solution Attorney Radio Show to listen to me discuss these topics and more.