So, you messed up when preparing your income tax return. Maybe you did not include all your income, or perhaps you overstated your deductions. Whatever it is, you’re stressed about the potential for issues with the IRS and are ready to resolve it – so, what do you do?
While we don’t want to cause you any more stress here, it’s important to know that filing a tax return with the intent to evade taxes is “fraudulent”, and fraudulent tax returns can cause audits, investigations, penalty assessments, and even criminal charges. There is also no Statute of Limitations for the IRS to come after you on a tax period with elements of fraud at play. With all that said – it’s important to rectify the issue as soon as possible!
Filing an amended return generally does not erase the implications that a fraudulent return can have on a Taxpayer. It is important to consult with a Tax Professional to ensure that your attempts to rectify and resolve this matter are handled carefully and properly.
Do you have an issue with a tax return that you know needs to be fixed? Contact the Bryson Law Firm, LLC today to schedule your free, confidential initial consultation to discuss how we may be able to assist!
