Filing A Delinquent Tax Return is Better than Evading Taxes as this Connecticut Man Who Got 5 Months in Prison for Tax Evasion Found Out
Better late than never! Regardless of what you’ve heard, you have the right to file your original tax return, no matter how late. Filing a delinquent tax returnwill keep you out of prison, evading taxes won’t! As William DeLorenze found out:Â
William DeLorenze, 54, of Westbrook, Conn., was sentenced to five months in prison, to be followed by one year of supervised release, after pleading guilty to one count of filing a false federal income tax return for calendar year 2002.
According to court records, DeLorenze sold a house in 2002 and did not report a taxable capital gain of $71,831 on his 2002 return. The investigation also revealed that, from 1999 to 2003, DeLorenze failed to report approximately $74,000 in rental income on properties he owned.
If you feel overwhelmed with unfiled taxes and are seeking tax relief, Tax Resolution Services offers professional tax help! Our tax relief success rate is 90% and our Offer in Compromise rate is $0.13 on the dollar. Tax Resolution Services team is standing by to help you today! Call 1-866-IRS-PROBLEMS (866-477-7762) or fill out our free tax consultation online form.
More Tax Help, IRS News and Tax Relief Tips:
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- Classic Case of Tax Evasion: Under Reporting Income Gets Florida Man 51 Months in Prison
- IRS Tax Relief Services Would’ve Been Better Choice for Arizona Couple Who Tried to Evade Taxes
- Delinquent Tax Filing is Better Than Being Charged with Failure to File Taxes by the IRS
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