IRVINE,
Calif., July 9, 2024 /PRNewswire/ -- According to
a Department of Justice press release, an Arkansas man admitted to filing false
individual income tax returns that significantly underreported his
business income. This case highlights the importance of accurate
federal income tax reporting and the severe penalties for
attempting to deceive the IRS. If you have failed to file a tax
return for one or more years, or have taken a position on a filed
tax return that could not be supported upon examination, you should
seek the assistance of a seasoned tax attorney to help determine
the extent to your exposure and develop a path to tax
compliance.
Defendant Admitted to Underreporting Business Income in
Annual Tax Reporting
Court documents reveal that Carlos
Gonzalez, 59, operated Charley's Tree Service, a
tree-trimming and removal business. From 2014 through 2020,
Gonzalez admitted to having deliberately underreported more than
$3 million in gross receipts from his
business. This fraudulent activity resulted in a tax loss of
approximately $920,694. Gonzalez's
actions came to light during an IRS criminal tax investigation,
leading to his guilty plea for filing a false 2019 income tax
return.
Gonzalez's admission of guilt underscores the serious
repercussions of falsifying tax returns. Gonzalez faces a maximum
penalty of three years in prison for filing a false tax return.
Additionally, the defendant may be ordered to serve a period of
supervised release upon the completion of any physical
incarceration. Lastly, Gonzalez may be ordered to pay restitution
to the IRS, representing the amount of tax loss that he caused.
Coming Into Tax Compliance with the Assistance of Tax
Counsel
The case of Carlos Gonzalez
serves as a cautionary tale for all taxpayers. Intentionally
underreporting income and filing false tax returns can lead to
significant legal consequences, including substantial prison time.
It is crucial for individuals and business owners to accurately
report their income and comply with tax laws to avoid such severe
penalties.
If you have filed inaccurate tax returns or underreported your
income, it is essential to seek the assistance of a knowledgeable
tax defense attorney, especially if you now find yourself under
audit. An experienced tax lawyer can help you navigate the process
of coming into compliance with the IRS and develop a strategy to
resolve any outstanding tax issues. The sooner you address these
matters, the better your chances of mitigating potential penalties
and avoiding further legal issues related to your tax
obligations.
If you have failed to file a tax return for one or more years or
have taken a position on a tax return that could not be supported
upon an IRS or state tax authority audit, eggshell audit, reverse
eggshell audit, or criminal tax investigation, it is in your best
interest to contact an experienced tax defense attorney to
determine your best route back into federal or state tax compliance
without facing criminal prosecution.
Note: As long as a taxpayer that
has willfully committed tax crimes (potentially including
non-filed foreign information returns coupled with affirmative
evasion of U.S. income tax on offshore income) self-reports the tax
fraud (including a pattern of non-filed returns)
through a domestic or offshore voluntary disclosure before
the IRS has started an audit or criminal tax investigation /
prosecution, the taxpayer can ordinarily be successfully
brought back into tax compliance and receive a nearly guaranteed
pass on criminal tax prosecution and simultaneously often
receive a break on the civil penalties that would otherwise
apply.
It is imperative that you hire an
experienced and reputable criminal tax defense attorney to take
you through the voluntary disclosure process. Only an
Attorney has the Attorney Client Privilege and Work Product
Privileges that will prevent the very professional that you
hire from being potentially being forced to become a witness
against you, especially where they prepared the returns that
need to be amended, in a subsequent criminal tax audit,
investigation or prosecution.
Moreover, only an Attorney can enter you
into a voluntary disclosure without engaging in the unauthorized
practice of law (a crime in itself). Only an Attorney trained
in Criminal Tax Defense fully understands the risks and rewards
involved in voluntary disclosures and how to protect you if you do
not qualify for a voluntary disclosure.
As uniquely qualified and extensively
experienced Criminal Tax Defense Tax Attorneys, Kovel CPAs and EAs,
our firm provides a one stop shop to efficiently achieve the
optimal and predictable results that simultaneously protect your
liberty and your net worth. See our Testimonials to
see what our clients have to say about us!
We Are Here for You
Regardless of your business or estate needs, the professionals
at the Tax Law Offices of David W.
Klasing are here for you. We are open for business and our
team will help ensure that your business is too. Contact the Law
Offices of David W. Klasing today to
discuss your business with one of our professionals.
In addition to our fully staffed main office in downtown
Irvine California, the Tax
Law Offices of David W. Klasing has
unstaffed (conference room only) California based satellite offices
in Los Angeles, San Bernardino, Santa Barbara, Panorama City, Oxnard, San
Diego, Bakersfield,
San Jose, San Francisco, Oakland, Carlsbad, Sacramento. We also have unstaffed (conference
room only) satellite offices in Las Vegas
Nevada, Salt Lake City
Utah, Phoenix
Arizona & Albuquerque New
Mexico, Austin Texas,
Washington DC, Miami Florida and New York New York that solely handle Federal
& California Tax issues.
Our office technology allows clients to meet virtually via
GoToMeeting. With end-to-end encryption, strong passwords, and
top-rated reliability, no one is messing with your meeting. To
schedule a reduced rate initial consultation via
GoToMeeting follow this link. Call our office and request a
GoToMeeting if you are an existing client. We also now offer
a convenient scheduling option, where you can secure David W.
Klasing, Esq M.S.-Tax CPA's undivided attention for a 4-hour
consultation at any of his satellite offices.
Here is a link to our YouTube channel: click here!
See our Criminal Tax Law Q and A Library
See our Audit Representation Q and A Library
Public Contact: Dave Klasing Esq.
M.S.-Tax CPA, dave@taxesqcpa.net
View original content to download
multimedia:https://www.prnewswire.com/news-releases/from-the-tax-law-offices-of-david-w-klasing--arkansas-man-pleads-guilty-to-filing-false-tax-return-302191409.html
SOURCE Tax Law Offices of David W.
Klasing, PC