One of the most serious offenses an individual can commit, with respect to the IRS, is failure to file a tax return. Under Title 26 of the United States Code, Section 7203 it is a Federal crime or offense for anyone to willfully fail to file a federal income tax return when required to do so by Internal Revenue laws or regulations. A person’s willful failure to supply information or pay tax is also punishable as a crime under Section 7203. In some cases, a person convicted of these crimes may be imprisoned for up to 5 years.
In addition to the risk of criminal prosecution, there are severe civil penalties that are imposed for failure to file a tax return. Furthermore, the statute of limitations for collection on unfiled tax returns remains open indefinitely.
However, there may be opportunities to avoid criminal penalties and civil proceedings by filing late tax returns, albeit with penalties and interest, and bring your status current with the IRS, by filing and paying your back taxes.
Do you have unfiled tax returns? Do you want to stay out of jail? Contact us before the IRS contacts you!
At Bucci Law Offices, our tax attorneys can help you file your individual and/or corporate tax returns as well as help you analyze and assess suitable options to resolving to tax problems including keeping you out of jail. Call Bucci Law Offices today at 954-764-4440 or 877-764-4440 so we can be your tax advocate and fight for your rights!
Dealing with the IRS alone can be very intimidating, often times, resulting in nothing more than increased interest and penalties being assessed against you. We can eliminate this stress for you. You can stop answering harassing phone calls and receiving letters from the IRS. Instead, you can have us, your trusted partner, deal with the IRS on your behalf and help you get the results you need. The tax attorneys at Bucci Law Offices have extensive experience with the IRS and can navigate through their rules and regulations, while advising you of your best possible options for resolving your IRS problems.
Remember, IRS problems do not go away by themselves and usually require immediate attention. You need to know your rights and understand your options. At Bucci Law Offices, our tax attorneys can help you analyze and assess the options most suitable to resolving your tax problems. You need someone in your corner to protect your rights and interests – we can do just that. Bucci Law Offices can be your tax advocate and fight for your rights!
If you would like to develop a strategy for filing your tax returns and explore establishing an alternative payment methods contact Bucci Law Offices immediately! Even if you cannot pay all of your back taxes, you can still stop the IRS’s enforced collection actions and try to settle your tax liabilities by negotiating a reasonable monthly payment plan or an offer in compromise settlement that pays a fraction of what is owed.
Contact Bucci Law Offices today to get the help you need and deserve. Each second you delay is costing you money! How long can you afford to do nothing? Call Bucci Law Offices now at 954-764-4440 or 877-764-4440 to learn more about how we can help you with your tax resolution!