Long Island Tax Defense Lawyer
IRS Investigations and the Consequences
If the IRS notifies you by mail or phone in regards to nearly anything, you must assume that the inquiry is unfavorable. It most likely means that you are under suspicion for reasons that may lead to an investigation or an audit. Although the situation is very tenuous, there is no reason to panic if you promptly contact a Long Island tax defense attorney to discuss the situation.
Within the IRS, there is a specialized branch that is solely for the investigation of prospective criminal activity, including currency crimes, money laundering, antitrust infractions and actions that violate the Bank Secrecy Act. As the agents of the IRS Criminal Investigations Division (CID) are well-trained financial inspectors, they operate in clandestine ways. Law enforcement techniques that are applied in their field include undercover operations, wiretaps, and search warrants. Criminal activity that these special agents attempt to aggressively uproot consist of general tax fraud, return preparer fraud, employment tax fraud, excise tax fraud, abusive use trusts, questionable refunds, voluntary disclosures, undisclosed offshore accounts and frivolous filers/non-filers.
Frighteningly enough, the CID's arrest rate is one of the strongest in all federal law enforcement. If you are subject to an IRS investigation and convicted of a criminal tax violation, the consequences will be severe. Amongst paying wildly overpriced fines, you will have to pay civil penalties and any interest on back taxes you may owe. These charges may even lead to a hefty prison sentence.
A Qualified Tax Lawyer in Long Island, NY
Any communication with either the IRS itself or its criminal investigators should always be handled by a skilled attorney. At Blutter & Blutter, we have the legal resources and over 55 years of combined experience dealing with IRS investigations and other tax law issues. The firm is large enough to successfully fight large tax agencies such as the IRS, yet small enough to provide each client with an individualized approach. Remember, do not panic - the right attorney is dedicated to seeking out the most advantageous resolution for your personal needs.
If you are undergoing an IRS investigation, contact a Long Island tax defense lawyer to receive immediate help.