For as long as the Law Offices Of Robert J. DeGroot have been providing tax evasion defense services in the Newark area, we’ve yet to run across a business owner who wants to be in trouble with the IRS. Imagine that!
Dealing with this government agency takes a lot of time and money, often causing business owners lots of stress and putting the future of their income in jeopardy. Tax evasion cases are often the result of mistakes made by business owners and those who prepare or file their taxes. Of course it can sometimes be confusing, but if you want to ensure that everything goes smoothly, we have a bit of advice for you to follow.
Recently, an IRS tax evasion investigator answered questions about the types of mistakes that will result in a business owner flagged for an audit or charged with criminal activity.
Keep Your Business in the Clear
This is not a comprehensive list of things you can do to avoid getting in trouble, but it should be enough to get you started off on the right foot.
1. Failure To File On Time
Most people file their taxes on time. If you can’t, it’s best to be proactive, asking for an extension well before April 15th. If you don’t, it puts you on the much shorter list of people who are overdue.
2. Failure To Make Estimated Payments
Did you know that business owners and the self-employed must pay their taxes throughout the year? These are called estimated payments and failing to make them triggers costly penalties.
3. Failure To Review Your Prepared Return
Business taxes can be complicated, so it’s understandable to hire a tax prep professional. But who’s making sure that they do their job correctly? Ultimately, it’s you who signs on the line, so be sure you know what you’re signing.
Contact Us To Get the Help You Need
If you’re currently under investigation for tax evasion or are already facing tax evasion charges, it’s absolutely essential that you don’t try to go it on your own. Contact the experienced tax evasion lawyers at the Law Offices of Robert J. DeGroot in Newark today if you have been accused of committing a crime. With our help, you can rest assured that your rights and interests will be protected throughout the entire legal process and that we will fight tenaciously to defend you against the accusations that have been leveled at you. With nearly five decades of experience, you can count on us to be thorough.
