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720-445-9887
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720-445-9887Like most other white-collar crimes, tax fraud claims are often subject to lengthy investigations before a person is actually indicted on a charge or actually charged. Should you find yourself subject to any such investigation, it’s important you get in touch with a tax fraud lawyer experienced in this practice area to help you with your case.
Tax fraud is a serious allegation that can arise from actions taken by individuals, business owners, accountants, or tax preparers. Whether intentional or the result of a misunderstanding of complex tax laws, anyone who files taxes or helps others prepare them can come under investigation.
The IRS and Colorado Department of Revenue both take potential tax fraud very seriously and may initiate audits, investigations, or even criminal charges depending on the scope of the alleged conduct.
There are two primary forms of tax fraud: willful tax evasion and false statements or returns.
These are further defined as:
This type of fraud involves deliberately avoiding tax obligations. This may include underreporting income, failing to file a return, hiding assets, or creating fake business expenses. While errors on tax returns are common, a consistent pattern of evasion may lead to serious criminal allegations. If you’re being audited or investigated, a Denver tax fraud attorney can help protect your rights and guide your next steps.
This includes knowingly providing inaccurate or incomplete information on a tax return. For example, inflating deductions, claiming dependents that don’t exist, or using false Social Security numbers. In more complex cases, this can include fraudulent activity by tax preparers or those handling corporate filings.
Contact the Law Office of Kevin Cahill for knowledgeable defense in tax fraud matters. Call 720-445-9887 today to schedule a free, confidential consultation.
Tax fraud costs the federal government billions of dollars annually in lost revenue. According to the IRS, tax fraud cases are often discovered through audits, tip-offs, whistleblower complaints, or data analysis programs that flag inconsistencies.
Investigations can take months or even years. Even if the outcome is not criminal prosecution, the IRS or state agency may still impose significant penalties and interest. If they do pursue criminal charges, the consequences can be severe.
Under C.R.S. 39-21-118, willful tax fraud or tax evasion in Colorado is a Class 5 felony, punishable by up to 5 years in prison and fines up to $100,000.
Federal tax fraud charges can fall under 26 U.S. Code § 7201 (Attempt to evade or defeat tax), which carries a sentence of up to 5 years in federal prison and a fine of up to $100,000 for individuals or $500,000 for corporations, plus the cost of prosecution.
In some cases, additional charges such as wire fraud or conspiracy may be added, increasing the potential penalties.
You may have received a letter or phone call from the IRS or Colorado Department of Revenue notifying you of an audit, requesting documents, or questioning certain returns. Even if you believe you’ve done nothing wrong, it’s important to proceed carefully.
Investigators may already suspect tax fraud—and the more information you provide without legal guidance, the more you may be putting yourself at risk.
Contact a Denver tax fraud lawyer immediately to help manage the process, communicate with tax authorities, and protect you from further liability or criminal exposure.
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If you are under investigation for tax fraud or have been contacted by federal or state authorities, don’t assume that simply cooperating will make the problem go away. These agencies are highly trained to investigate and prosecute tax crimes—and you deserve equally skilled representation.
The Law Offices of Kevin Cahill is here to help you protect your finances, your freedom, and your future.
Call 720-445-9887 today to speak with an experienced Denver tax fraud attorney.
Denver Defense Lawyer Kevin Cahill never assumes that your case is a lost cause. He is a confident and fearless litigator who refuses to back down when he is fighting to protect the rights of his clients. Regardless of whether you are facing a felony or a misdemeanor, it is vital that you take the charges seriously and seek out legal representation as soon as possible so you can start building your defense.