Fraudulent Tax Return (2018) – Risks of Filing False IRS Tax Returns

For one reason or another, you went against your better judgment and filed one or multiple Fraudulent Tax Return(s) with the IRS.

Filing a Tax Return Fraudulently with the IRS can land you in some hot water with IRS, not the least being fines, penalties, and even a possible criminal investigation. 

Why is a Fraudulent Tax Return so Risky?

That is because filing a Fraudulent Tax Return is a form Tax Fraud and/or Tax Evasion. By intentionally filing a false return with the IRS, you are intentionally misrepresenting your taxes to the IRS.

Typically, this involves:

  • Misstating facts about your personal or business finances
  • Artificially reducing your income
  • Artificially increasing your expenses
  • Failing to report foreign accounts 
  • Failing to report foreign income.

The Penalties for Filing Fraudulent Tax Return

Depending on the facts and circumstances of your situation, you may be subject to significant fines and penalties, including:

  • Monetary Penalties
  • Liens
  • Levies
  • Seizures
  • Passport Revocation

What Should You do If You Filed a Fraudulent Tax Return

If you filed a fraudulent tax return, you should try to get into compliance before it is too late. You should retain experienced counsel to facilitate a safe resolution with the IRS.

Golding & Golding, A PLC

We have successfully represented clients in more than 1,000 streamlined and voluntary disclosure submissions nationwide and in over 70-different countries.

We are the “go-to” firm for other Attorneys, CPAs, Enrolled Agents, Accountants, and Financial Professionals across the globe.

Golding and Golding, Board-Certified Tax Law Specialist

Golding and Golding, Board-Certified Tax Law Specialist

Golding & Golding: Our international tax lawyers practice exclusively in the area of IRS Offshore & Voluntary Disclosure. We represent clients in 70+ different countries. Managing Partner Sean M. Golding is a Board-Certified Tax Law Specialist Attorney (a designation earned by < 1% of attorneys nationwide.). He leads a full-service offshore disclosure & tax law firm. Sean and his team have represented thousands of clients nationwide & worldwide in all aspects of IRS offshore & voluntary disclosure and compliance during his 20-year career as an Attorney.

Sean holds a Master's in Tax Law from one of the top Tax LL.M. programs in the country at the University of Denver. He has also earned the prestigious IRS Enrolled Agent credential. Mr. Golding's articles have been referenced in such publications as the Washington Post, Forbes, Nolo, and various Law Journals nationwide.
Golding and Golding, Board-Certified Tax Law Specialist

Latest posts by Golding and Golding, Board-Certified Tax Law Specialist (see all)