Athletes and 2015 Tax Evasion

Attorney Peter D Aiken
State and Federal
Tax Defense Attorney
941-366-3506

 

Professional athletes like baseball and football players sometimes find themselves being charged with Federal crimes like tax evasion, making false statements under penalties of perjury and taking phony deductions on their 2014 federal income tax returns.  The fact is that many of the professional athletes when they get their signing bonus and huge salary simply are not aware of the Federal tax laws and the tricky requirements of the Tax Code.
If you are a professional athlete and you have been notified that you are under audit or worse yet you get a visit from a Special Agent with the Criminal Investigation Division of the Internal Revenue Service, do not take it lightly.  You could find yourself under Indictment facing prosecution in United States District Court for tax evasion and end up in Federal Prison.  The Federal Courts simply do not care if you are famous and the sentences are driven by the Federal Sentencing Guidelines.  I am a former IRS special agent and was a Federal Prosecutor in Miami years ago and can tell you that the IRS can be your worst enemy.  There is no fairness in our tax system.  If you make big bucks you can find yourself in big trouble.  Many times it is not your fault.  Your accountant may have taken deductions you are not entitled to in an attempt to save you money.  He is not the one who will go to jail, you are.
If you are under investigation for taxes or are concerned that your tax return is not correct or if you have not filed a tax return contact a tax attorney.

Tax Indictments coming in Tampa

Attorney Peter D Aiken
State and Federal
Tax Defense Attorney
941-366-3506

The word is that the U. S. Attorney’s office is about to return a series of tax crime Indictments in Tampa.  Over the last couple of years there has been an enormous number of false tax returns filed based on stolen identification and identity theft.  The returns that are filed usually contain false claims for earned income credits and the returns generally show refunds of less than ten thousand dollars.  The returns are filed electronically and the refunds come in the form of what amounts to debit cards that are generally sold on the street for fifty cents on the dollar.  The Feds have been working on this for months and with the filing season just around the corner you can bet that there will be a series of arrests for filing false tax returns, preparing false tax returns and money laundering within the next thirty days.
As a former IRS Special Agent and Former IRS prosecutor, I know how very tough it is to go up against the power of the United States Government.  There are defenses that can be raised to some of these types of charges.  They still have to prove that you are the one that either filed or prepared the false return.  The Feds are looking to hand out big time in Federal Prison to put a halt to this problem.  If you get indicted for tax fraud or if you learn that you are under investigation for some type of tax crime, call a tax lawyer.