Unintentional Tax Crime Defense Lawyer in Cherry Hill, NJ Helps Clients With Their Low-Level Tax Crimes in Burlington County, Camden County, Gloucester County, and Throughout NJ
If you’re like many other people, filing your tax returns isn’t something you look forward to. Some people even forget to file their returns. Others are unaware that they need to file their returns while others simply don’t know how to file their returns. The process of filing tax returns can be complex. Many people don’t fully understand tax codes and others are unaware of the latest changes to the law that could mean changes in how they file their returns. It is therefore not surprising that people unintentionally commit tax crimes. When this happens, it helps to have an experienced New Jersey tax misdemeanor attorney like Attorney Michele Finizio fighting on your behalf.
New Jersey tax misdemeanor attorney Michele Finizio has vast experience in tax laws and resolving surrounding tax returns. Our team consists of professionals with varied experience and skills in law including a former federal lawyer and a tax attorney. We are dedicated to protecting the rights of taxpayers. We will fight to protect your rights and work to resolve your tax issues. You can rely on our experienced and skilled team to achieve the best outcome on your behalf.
Contact our unintentional tax crime defense lawyer in Cherry Hill, NJ for a free consultation with our team. We will review your case and help you identify options for resolving your tax issues. We’ll work to achieve the best outcome in your case.
Penalties for Common Tax Violations that The Law Offices of Michele Finizio can help with
Tax crimes can be categorized as either felonies or misdemeanors. A felony is a serious federal violation. If you are found guilty of a felony, you may be convicted and end up spending significant time in jail. You may also have to pay a hefty fine. Misdemeanors are serious crimes. However, they do not carry the same amount of jail time or fines as felonies do. You could still, however, spend some time in jail or under probation. The fines are also still quite substantial for misdemeanors.
At the Law Offices of Michele Finizio, we deal with a wide variety of federal income tax violations including:
- Failure to pay income taxes
If you owe $100,000 or more in taxes, you will be issued a notice to pay your taxes. If you fail to pay your taxes before the due date, you will incur a Failure to Pay Penalty which is 5 percent of the tax owed for each month that is not paid after the due date.
- Unfiled tax returns
If you fail to file your tax returns, you will face a failure to file a tax return penalty. These fines can total up to $25k for each year you failed to file. You also face up to 1 year in jail.
- Filing a fraudulent return
If you file a fraudulent return, you face up to 3 years in prison and a filing fraudulent return penalty which is up to $100k.
- Tax evasion
A conviction for tax evasion can result in up to 5 years in jail. You will also face a tax evasion penalty of up to $100k.
- Willfully failing to pay estimated taxes
This misdemeanor can result in up to 1 year in jail and fines of up to $25k.
- Willfully failing to disclose offshore bank accounts
This can result in fines of up to 50% of the balance in the account at the time of the violation and a five-year prison sentence.
Contact the Law Offices of Michele Finizio for Free Consultation with an Experienced New Jersey Tax Misdemeanor Attorney
Are you facing charges for a tax misdemeanor? Contact the Law Offices of Michele Finizio for free consultation with an experienced New Jersey tax misdemeanor attorney. Our team has defended taxpayers in a wide range of tax cases. We understand how easy it is to make mistakes when it comes to tax returns. Unfortunately, those mistakes can have consequences that affect the rest of your life. We will work to protect your rights and ensure the best outcome in your case. We have a long track record of achieving favorable outcomes on behalf of our clients. You can rely on our experience, knowledge, and skills to help you in your case.
Contact us today to schedule your consultation.