Have You Been True On Your 2016 Taxes?

Tax day has come and gone for another year. Unfortunately, many people think it is okay to embellish or omit information on their tax forms. By doing this, they could be charged with a crime. How long can you go to jail for tax fraud? According to freeadvice legal, “Filing a fraudulent return can result in fines up to $250,000 for an individual or $500,000 for a corporation and up to 3 years in jail along with the cost of prosecution for high dollar tax fraud. For lower dollar tax fraud, you can face penalties of as much as $5000.00 or 100% of the unpaid tax.”

A person can be charged with tax fraud or tax evasion. Depending on the charge, a person could end up being charged with a felony or a misdemeanor. Tax fraud and tax evasion covers many factors including: attempting to evade tax, willful failure to collect or pay over tax, willful failure to file return, supply information, or pay tax, fraud and false statements, attempts to interfere with the administration of the IRS, and conspiracy to commit offense or defraud the United States.

Examples of tax fraud include: citing as expenses items that are of a personal nature instead of business related (saying meals with friends are really business meals), filing as head of household instead of married filing jointly or married filing singly (more tax breaks and credits by filing head of household), and failure to file an income tax form.

33rd Street Bail Bonds is available to provide bond for clients needing to be bailed out of jail due to tax evasion, tax fraud, larceny, DUI, domestic violence, or any other charge. Please call our Orlando bail bond company at 407-425-7200 to start the bail bond process. We are available 24 hours a day, 7 days a week, and all year long.

The bail bond agents at 33rd Street Bail Bonds are experienced and knowledgeable. They can help navigate you through the ins and outs of the bail bond process. All of our agents are available to assist with paperwork, answer questions, and communicate all upcoming court appearances to our clients. There is no reason to go it alone!

Our Orlando bail bond company serves all of Central Florida including Orange, Seminole, Osceola, Lake, and Volusia counties. We are the oldest and most trusted bail bond company in Central Florida. Call us today at 407-425-7200 or 407-425-3303 to start the bail bond process.