Tampa Tax Fraud Attorney
Common Cases of Tax Fraud
Tax fraud in Tampa includes a range of illegal activities aimed at evading tax obligations, such as underreporting income, inflating deductions, hiding assets, or failing to file tax returns. Both individuals and businesses can be charged with tax fraud, and these cases are often investigated by the Internal Revenue Service (IRS), as well as Florida’s Department of Revenue.
Common tax fraud cases in Florida involve fraudulent tax refund claims, false information on tax returns, and unreported offshore accounts. Business owners may also face charges for not paying payroll taxes or manipulating business records to reduce taxable income. Contact our experienced Tampa tax fraud attorneys to learn more.
What to Do if You’re a Suspect in Tax Fraud
If you suspect that you are being investigated for tax fraud, do not attempt to amend your tax filings or make any payments without legal advice. Contact an experienced tax fraud defense attorney to help you navigate the complex laws and protect your rights. An attorney can represent you in negotiations with tax authorities and work to minimize the legal and financial consequences of the investigation.
Penalties for Tax Fraud in Florida
Tax fraud is a serious offense, and the penalties depend on the severity of the fraud. At the federal level, tax evasion is punishable under 26 U.S.C. § 7201, with penalties that can include up to five years in prison, hefty fines, and payment of back taxes plus interest and penalties. State tax fraud in Florida carries similar penalties, with felony charges that can lead to imprisonment, fines, and a criminal record.
Civil penalties, such as fines and penalties for late payments, are also imposed in many tax fraud cases. The IRS may impose a civil fraud penalty of 75% of the unpaid tax due to fraud.
How OA Law Firm Can Help with Florida Tax Fraud Defense
OA Law Firm in Tampa provides experienced legal representation for individuals and businesses facing tax fraud charges. Their attorneys are well-versed in both state and federal tax laws, and they understand how to handle investigations by the IRS and other agencies. Whether you are dealing with criminal charges, civil penalties, or both, Tampa tax fraud lawyers at OA Law Firm will build a strong defense to protect your financial future and freedom.
