Tag Archives: tax fraud

Illinois white collar crime defense lawyer

No one likes paying taxes. You see money being siphoned from your paycheck each month and dread receiving your tax return just to hear that you owe the government even more money. Unfortunately, there is no way to escape this aspect of “adulting.” Some individuals will use tax avoidance to try to lower their tax bills. This is not to be confused with the illegal practice of tax evasion. Avoidance is a legal method of structuring your finances and transactions to help you receive the largest tax benefits at the end of the year. While tax evasion may sound similar, it is actually an illegal attempt to cheat the system. In some circumstances, a person can unintentionally commit tax fraud as the victim of scammers.

Examples of Tax Evasion

Tax evasion is a type of tax fraud that could lead to someone spending time behind bars. Some people unintentionally commit tax fraud, but many offenders intentionally try to avoid their civic duties. Actions that could result in criminal charges include:

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Illinois white collar crime defense lawyerAs most people understand it, the term “white collar job” refers to a specific subset of occupations. These are the jobs that typically require individuals to attain college degrees, and sometimes advanced degrees, to perform. White collar crimes are no different. These are offenses that not just anybody can commit, because not everyone has the specialized knowledge or professional access to information or funds to commit these offenses. White collar crimes can go unnoticed for months, or even years, because they often do not leave victims physically harmed or create a commotion around sudden, violent actions. This does not mean they are any less serious than other types of charges.

Defining White Collar Crimes

There are two factors that separate a white collar crime from other types of crimes: who commits the crime and how he or she commits it. In order to commit a white collar crime, an individual must typically be in a professional or governmental position to access certain funds and information. For example, a financial advisor might lie about how he or she invested a client’s money or about the investments’ returns, taking a cut for him- or herself. Making personal purchases with corporate or government accounts is another type of white collar crime.

A white collar crime is not a violent crime or one that can be detected immediately. Instead, white collar crimes are defined by how the funds or critical information used to commit an offense are accessed. In most cases, individuals who are charged with white collar crimes have authorized access to the information they use, like clients’ bank account numbers and social security numbers. Identity theft, the act of stealing this type of information, may be deemed a white collar crime in certain instances.

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Criminal Penalties for Stolen Identity Tax Return FraudIdentity theft used to commit tax fraud is a serious criminal offense. It involves the process of stealing a person’s Social Security number and filing a tax return to the Internal Revenue Service (IRS) and cashing the proceeds. Billions of dollars are lost every year in this process, and the federal government has taken actions to strengthen security and go after offenders with heavy criminal sentences. If you have been charged with identity theft used to file a fraudulent tax return, your future and freedom are at stake, even if you did not commit the crime or know that your actions were in violation of the law. Do not wait any longer to reach out for legal assistance. Call our experienced Naperville fraud defense attorneys for help today.

The Federal Government Cracks Down on Stolen Identity Refund Fraud Offenders

The United States Department of Justice (DOJ) does not look lightly upon those who have in any way violated the laws of the IRS. In fact, according to the DOJ, “One of the Tax Division’s highest priorities is prosecuting people who use stolen identities to steal money from the United States Treasury by filing fake tax returns that claim tax refunds. Working to stop Stolen Identity Refund Fraud, or SIRF is vital because these schemes threaten to disrupt the orderly administration of the income tax system for hundreds of thousands of law abiding taxpayers and have cost the United States Treasury billions of dollars.” In fact, in 2013 the IRS found that $30 billion in total was stolen. However, 81 percent of those fraudulent claims were stopped or recovered, meaning that the chances of being caught for refund fraud are high.

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b2ap3_thumbnail_sales-tax-evasion.jpgA DuPage County man was recently indicted on theft and tax fraud charges for allegedly stealing over $391,000. The man, who managed a tobacco shop in Glendale Heights, is alleged to have understated his sales tax liability by filing fraudulent sales tax returns between August 2011 and July 2014. He has been charged with theft of government property, sales tax evasion, filing a fraudulent sales tax return, and wire fraud.

Sales Tax

When consumers buy products or services in Illinois, they owe sales tax to the state government. Instead of requiring consumers to track their purchases and pay sales tax directly to the Illinois Department of Revenue, sellers generally collect the tax and hold it in trust for the state. The seller must then pay the money to the state, generally on a monthly basis. If the seller does not pay the sales tax to the state, it is a criminal offense.

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