Nation’s Leading Tax Relief Firm Advises Americans to Beware of Costly Tax Evasion Schemes
Every day, in cities across the country, people are being prosecuted and convicted of tax crimes. If you find yourself struggling during these tough economic times and need IRS tax relief, do not fear as there are many options for you to consider in resolving your back taxes or other IRS woes!
Reality check: Tax evasion is not just a problem for the wealthy. The IRS reports that tax evasion is a widespread problem, costing the government an estimated $350 billion in unpaid taxes. This creates a tax gap that grows by 10% each year. However, with federal initiatives aimed at narrowing this tax gap, the IRS is cracking down on tax evaders both big and small.
There is a big difference between tax evasion and tax avoidance. While it is perfectly legal to work within existing laws to avoid paying more than what is required by the IRS, cheating the government on taxes by evading tax laws is criminal and can carry up to a 5-year prison sentence. There are also IRS penalties up to $100,000.
You don’t have to be a tax attorney to know the red flags that will cause the IRS to be suspicious of tax evasion. Even in the current enforcement-prone climate, taxpayers can learn how to avoid IRS tax audits, save money by taking advantage of legal tax deductions and avoiding costly IRS penalties and interest.
It’s important for taxpayers to avoid becoming targets of aggressive IRS collection efforts like debilitating bank levies, which can be financially crippling for life. If you owe back taxes or are being audited by the IRS, it would be worthwhile to know that working with a Certified Tax Resolution Specialist or tax lawyer can greatly increase your chances of successfully resolving your IRS tax problems and negotiating a settlement for the lowest amount allowed by law.
For a FREE tax relief consultation and more information on affordable solutions in settling your back taxes or other IRS troubles, visit www.TaxResolution.com or call 866-IRS-PROBLEMS.
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Tags: Back Taxes, IRS audit, irs tax relief, tax attorney, tax lawyer
