Tax Fraud Penalties
Intentional filing of materially false tax returns is considered tax fraud, and is a criminal offence. Any person convicted of committing tax fraud, or aiding and abetting another in committing tax fraud, may be subject to forfeiture of property and/or jail time. Conviction and sentencing is through the court system. Responsibility for prosecution falls to the U.S. Department of Justice not the Internal Revenue Service.
Penalties may be assessed against tax protesters who raise arguments that income tax laws are not valid or for filing frivolous returns or court petitions.
Read more about this topic: IRS Penalties
Famous quotes containing the words tax, fraud and/or penalties:
“In other words, a democratic government is the only one in which those who vote for a tax can escape the obligation to pay it.”
—Alexis de Tocqueville (1805–1859)
“There exists in a great part of the Northern people a gloomy diffidence in the moral character of the government. On the broaching of this question, as general expression of despondency, of disbelief that any good will accrue from a remonstrance on an act of fraud and robbery, appeared in those men to whom we naturally turn for aid and counsel. Will the American government steal? Will it lie? Will it kill?—We ask triumphantly.”
—Ralph Waldo Emerson (1803–1882)
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—Robert M. Fresco, and Jack Arnold. Dr. Matt Hastings (John Agar)