TL;DR Not filing is more serious than many people think when it comes to taxes. If the IRS believes that you have not filed in a deliberate attempt to commit tax evasion, you can face criminal charges and even jail time. At Paladini Law, we help people across New Jersey and the United States understand […]
Tax Fraud
How Does The IRS Prove Tax Fraud or Tax Evasion?
TL;DR The IRS proves tax fraud or evasion by showing underreported taxes, a tax deficiency, and willful intent to evade taxes Common red flags include unreported income, false deductions, and personal expenses claimed as business costs When records are missing, the IRS may reconstruct income using spending patterns, net worth increases, or business markups Defenses […]
IRS Unlimited Statute of Limitations on Unfiled Returns
TL;DR Dealing with unfiled tax returns can be daunting. Many taxpayers wonder how long the IRS can pursue them or whether there’s a time limit after which tax issues expire. This article breaks down the rules in plain language, focusing on IRS deadlines and statutes of limitations, and explains what happens when you haven’t filed […]
Do Tax Relief Companies Really Work? How to Avoid Rip-Offs
TL;DR Few financial issues are as stressful as unpaid taxes. The IRS can seize your assets, revoke your passport, and leave you financially destitute. That’s why the tax relief industry has grown so rapidly over the last 30 to 40 years—promises to handle state and federal tax issues sell, whether or not a company can […]
