Tax Evasion and other violations are compenents in what the IRS would consider Fraud. Creating two sets of accounting books, one for the government and one for the company is considered a violation of federal, state and local tax laws. It is the responsibility of the individual or company to be aware of what would constitute a return that is fraudulent. Using a CPA or Tax Attorney is recommended.

• Deliberately not reporting income - part or whole amounts
• False deductions
• Creating two or more accounting procedures
• Making false entries in books and records
• Filing personal expenses as business expenses
• Transferring assets or income to other bank accounts

Corporations and individuals can face fines upto $500,000 or more and prison terms of 1 year to 5years or more, depending on the severity of the fraud. A tax attorney should be considered if the tax violation is serious enough to result in major fines or jail time.

Featured Firm specializing in offers in compromise and other tax issues, including fraud.

Law Offices of Donald G. Koch
26 Broadway, 21st Floor, New York, New York 10004-1809
866-745-6195
http://www.kochnyc.com

Stop Liens, Levies, & Seizures: We can protect your assets and earnings from the IRS. If you are delinquent in your payments owed to the IRS, the US Treasury has the right to place a legal claim on your bank accounts and other property. We can help you to resolve this problem and keep your assets and your income.

Make an Offer in Compromise: If you owe the IRS an amount that is beyond your ability to pay, we can prepare an Offer in Compromise which could reduce your current tax debt to a fraction of what you owe. The amount of your offer is based on what you can afford to pay, not the amount you owe, thus making the Offer in Compromise a powerful tool to resolve your tax debt. Once your offer is accepted and payment is made, all your IRS debt is considered paid in full.

Books to Recommend:

Tax Procedure and Tax Fraud in a Nutshell (Nutshell Series) - Reliable source on tax procedure and tax fraud helps bridge the gap between understanding "substantive" code provisions and preparing to represent a taxpayer in an Internal Revenue Service (IRS) dispute. Coverage includes IRS and treasury rulemaking; confidentiality and disclosure; audits and administrative appeals; statute of limitations; litigation considerations; penalties and collection process; liability; investigation; and tax crimes.

Tax Fraud and Evasion: A Guide to Civil and Criminal Practice Under Federal Law

Federal Payroll Tax Laws and Regulations - This book contains the exact language of payroll-related sections of the Internal Revenue Code and IRS Regulations. It allows you to streamline research by eliminating thousands of pages of material that have nothing to do with payroll. These are the exact laws enacted by Congress and regulations implemented by the IRS, including these areas that have recently seen sweeping changes: IRS Restructuring and Reform Act, Taxpayer Relief Act, Small Business Job Protection Act, electronic filing of forms, regulations governing EFTPS and group-term life insurance rate changes.

The IRS Problem Solver : From Audits to Assessments--How to Solve Your Tax Problems and Keep the IRS Off Your Back Forever - With all the books devoted to how to prepare your taxes, there's never been one that explains how to get yourself out of trouble easily, legally, and inexpensively -- until now. With The IRS Problem Solver, veteran tax expert Dan Pilla offers the first comprehensive guide to dealing with the most common IRS problems taxpayers confront, from face-to-face audits to fraud penalties. Pilla's book is an indispensable preventive tool for all who file their own taxes—and a necessity for anyone who's just received a notice that the wolf is at the door.

How to Survive the IRS: My Battles Against Goliath - In How to Survive the IRS: My Battles Against Goliath, which features a preface by U.S. Rep. Ron Paul (who has voted for the abolition of the IRS), Minns provides a brief history of taxation in the U.S., urges radical reform and memorably recounts his confrontations with the IRS on behalf of clients. The most practical part of this inflammatory and informative work is the description of 100 tax secrets, which may help offset the book's substantial cover price. 15-city author tour.

Tax This! An Insider's Guide to Standing Up to the IRS - Written by a former IRS attorney, Tax This! is designed to give you an inside track in your negotiations with the IRS by showing you how to level the playing field and win at the tax game. This practical book covers everything you need to know about the IRS audit process, from the time your return is chosen for audit to the appeals procedure. It also includes information on some little-known tools available to every taxpayer that will help you tackle the IRS and win. Includes current advice on: Finding out what the IRS knows about you - and what it doesn't know, abating tax penalties, making tax payments by installment, paying pennies on the dollar to resolve your tax debt, saving on taxes in small businesses, getting a Federal Tax Lien released, and surviving an IRS criminal investigation.

Fraud Examination - This provocative text is designed to prepare readers to identify, detect, and prevent financial fraud. It outlines the nature of fraud and the different types of fraud, including the unique e-business fraud that is now possible in today's technological world.

Tax Procedure and Tax Fraud in a Nutshell - Reliable source on tax procedure and tax fraud helps bridge the gap between understanding "substantive" code provisions and preparing to represent a taxpayer in an Internal Revenue Service (IRS) dispute. Coverage includes IRS and treasury rulemaking; confidentiality and disclosure; audits and administrative appeals; statute of limitations; litigation considerations; penalties and collection process; liability; investigation; and tax crimes.

Fraud 101 : Techniques and Strategies for Detection - Breaks fraud into three categories, revealing that the fraud that is usually detected comprises a relatively small percentage of the fraud universe Provides new insights into the nature of fraud and the mind-set needed to combat it Provides proven solutions to how to expose different types of fraud Includes numerous case studies, most based on the author’s actual experience, that reveal the real world of fraud, how easy it can be to perpetrate, and how difficult to prosecute.

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