If you are dealing with tax evasion penalties in Baltimore, you do not have to face this alone. The tax evasion attorneys at Whiteford Tax Defense have helped people navigate these situations.
Our team will review your financial records, communicate directly with the IRS or state authorities for you, and build a defense strategy that’s tailored to your specific situation. Contact a tax evasion attorney today for a confidential consultation. You will get skilled representation that can help protect your rights when you need it most.
Tax evasion is a crime under federal and state law. If the prosecutor can prove that you willfully evaded taxes, you can even face a jail term. Under federal law, tax evasion is punishable by up to five years in prison. The risk is that you can be charged with a separate offense for each year that you have been found to have evaded taxes in Baltimore, meaning that there is a possibility of even more time in prison.
Of course, five years is the maximum penalty for each count of tax evasion, and you can receive a lesser sentence if you are convicted. In addition, a judge may issue one punishment, allowing the sentences to run concurrently. The still possible penalties make it important that you engage a lawyer as soon as possible to mount your strongest possible case.
Monetary penalties for tax evasion in Baltimore can be severe and are designed to punish intentional underpayment of taxes while deterring future violations. Civil penalties typically include accuracy-related fines, which can be up to 20 percent of the underpaid tax when negligence or substantial understatement is involved. In cases of deliberate fraud, the IRS can impose a fraud penalty of up to 75 percent of the unpaid tax, significantly increasing the financial burden.
Interest is also charged on all unpaid taxes from the original due date until the balance is paid in full, adding to the total liability. In criminal cases, individuals convicted of tax evasion may face fines of up to $100,000, while corporations can be fined up to $500,000. These monetary penalties are often assessed alongside restitution, requiring the defendant to repay the taxes owed, including back taxes, interest, and additional fines.
Given the difficulty and severity of these penalties, consulting a skilled tax evasion defense attorney is essential to minimize financial exposure and navigate negotiations or litigation with the IRS.
A lawyer provides important guidance and protection if you are under investigation or facing charges for failing to pay taxes. These cases are challenging, and even small mistakes can lead to significant fines, penalties, or criminal liability.
A defense attorney can review your financial and tax records, identify potential errors or discrepancies, and determine whether any violations were unintentional or the result of a misunderstanding of tax law. If criminal charges are involved, they can build a strong defense, negotiate with prosecutors, and represent you in court.
Lawyers also help communicate with the IRS or state tax authorities, ensuring that your rights are protected and that you respond appropriately to audits, subpoenas, or requests for documentation. In some Baltimore tax evasion cases, they can pursue settlements, penalty reductions, or payment plans, helping reduce financial consequences. By retaining an experienced attorney, you gain guidance to navigate investigations, protect your legal rights, and work toward the most favorable resolution possible.
If you are being investigated by the IRS or you have been charged with tax evasion penalties in Baltimore, you need to act immediately to get legal help. Speak to an attorney at Whiteford Tax Defense, so we can get to work to protect your legal rights and work for the best possible outcome in your case.