Is it possible to commit a tax crime and not even know it?

On Behalf of | Jan 24, 2019 | Tax Crimes

Getting taxes done, turned in and paid on time can be extremely stressful for quite a few Connecticut residents. People do their best to make sure they fill out everything right, only take the deductions they believe they qualify for and hope for the best. Unfortunately, some people make mistakes that may result in them facing tax fraud accusations without even realizing their error. When actually accused of a tax crime, one can seek help to deal with it.

According to a recent article, there are several ways that people mistakenly complete their returns in a way that could be considered tax fraud. Before talking about those things, let’s define tax fraud. It is the intentional wrongdoing by a taxpayer in order to avoid or lower their tax obligation. The key word here is intentional.

Some people may file tax returns that lack information or contain incorrect information. Some individuals may claim the Earned Income Tax Credit, believing they qualify for it when in reality they do not. Some taxpayers may take deductions they think they can but really should not. Finally, some individuals may fail to fully report their earnings.

There are a few more ways in which Connecticut residents may find themselves facing tax fraud accusations, but those listed above are some of the most common mistakes people make when doing their taxes. When the Internal Revenue Service calls one out on a tax return claiming that one has committed a tax crime, the situation can be stressful and frightening. An experienced tax attorney can help individuals in this type of situation address the matter as quickly as possible.