Robert J. Fedor, Esq., L.L.C.

Penalties and punishments associated with tax crimes often harsh

Individuals who act in the capacity of a professional tax preparer have a fiduciary duty to act in the best interests of their clients. Individuals and small business owners often hire tax professionals to ensure tax documents are accurate and to help ensure for the best possible outcome with regard to paying taxes or receiving a tax refund.

One man who worked as a part-time tax preparer was recently convicted of criminal charges related to tax evasion and filing false tax returns. According to court documents, the man was convicted of making changes and adjustments to tax documents to financially benefit his clients. Additionally, the man is accused of failing to file his own income taxes for income he earned as a tax preparer for the tax years 2005 through 2008.

A judge recently sentenced the man who will soon serve 1.5 years in a federal prison. The man was also fined $4,000 and will be forced to submit to supervised probation for two years upon his release from prison.

This case proves the seriousness of tax crimes. While many people may believe criminal charges related to tax evasion or tax fraud are white-collar crimes that result in those convicted paying fines and getting what amounts to a slap on the wrist, this case proves otherwise.

In addition to what are often hefty fines and penalties, individuals convicted of tax crimes are often forced to serve years in a federal prison. Additionally, the damage to an individual's professional and personal live and reputation are often difficult to overcome. For these reasons, it's important that individuals facing criminal tax charges retain an attorney.





Source: The Star-Ledger, "Jersey City tax preparer and former school teacher sentenced to 18 months for tax crimes," Jason Grant, Oct. 8, 2013

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