Tax Fraud

Southeast Wisconsin Tax Fraud Lawyer

While people generally do not want to pay taxes, it is the law. Tax fraud costs the government and the American people millions of dollars each year. As a result, both state and local tax agencies are very interested in identifying and prosecuting those who commit tax fraud. Being convicted of tax fraud can result in serious penalties, including prison, fines and forfeiture of property.

If you are being investigated by any tax reporting agency, even if you have not been charged with fraud, you should immediately contact an experienced Wisconsin Attorney at the Cafferty & Scheidegger, S.C., who understands the complexities of tax and criminal law, and who will work closely with you to defend aggressively your charges.

Types of Tax Fraud

Cheating on federal taxes is most common when thinking about the concept of income tax fraud. However, while federal income tax fraud typically nets the most benefit, it also occurs on the state level with state income tax fraud as well as sales tax fraud.

Activities that may tip off the government that you may include:

• Failing to file a tax return
• Underreporting or omitting income
• Claiming false deductions
• Hiding assets
• Abusing charitable deductions

Furthermore, both the federal and local governments are regularly tipped off by “whistleblowers” who alert them to possible tax fraud.

Consequences

In tax fraud, there can also be criminal penalties that may result in incarceration for a few months up to several years.