Non-Filing of Returns

Failure to file federal income tax returns can potentially be a crime, punishable with jail time. It is a crime to willfully fail to pay any tax or estimated tax, make a return, keep any records, or supply any information required to be supplied under the tax laws.

This crime is generally a misdemeanor, and is most often applied to taxpayers who willfully fail to file their tax returns. A defendant convicted of this crime may be fined, or imprisoned not more than 1 year, or both, and made to pay the costs of the prosecution. The maximum fine is $500,000 for corporations and $250,000 for individuals.

Put Our Former IRS Agent To Work Protecting Your Interests

The government has a policy that it will not prosecute certain taxpayers who voluntarily disclose their tax discretions and pay the taxes due. The voluntary disclosure needs to occur before such taxpayer is, in fact, contacted by someone from the IRS, or is likely under investigation by the IRS.

If you have not filed your tax returns for a couple years of more, you need to immediately visit with a tax attorney to see about your problem. Discussing the situation with a tax accountant may create more problems for you. There is no communication privilege with respect to your conversations with a tax accountant, and the tax accountant can become a witness against you should the government seek to prosecute you for a crime.

We Are Not Here To Judge, We Are Here To Help

Williams & Coleman, P.A. is a boutique tax law firm concentrating in tax, business and estate planning matters. Our lawyers, including a former Internal Revenue Agent, can help with getting you back on track with respect to your tax filings, and then assist you with working out the payment of any outstanding tax obligations. Please contact us to arrange a initial consultation where we can discuss how we might be able to help.