IRVINE, California., 28 August 2024 /PRNewswire/ — According to a press release from the U.S. Department of Justice Florida Man pleaded guilty to almost 2.4 million US dollars Taxes on income from his business. This case demonstrates the serious consequences of attempting to fraudulently conceal income from the IRS on your personal or business tax return. If you have filed a tax return that was not truthful, or if you have not filed a tax return for one or more years, it is in your best interest to Discuss your case with an experienced tax defense attorney.

Defendant concealed income and assets for over a decade

Court records show that Roger Whitman76, manufactured and sold medical devices and generated millions of dollars in gross revenue between 2002 and 2018. Despite the high taxable income, Whitman had not filed an individual income tax return or paid taxes since 2000. In 2012, the IRS assessed nearly 800,000 US dollars in taxes for tax years 2002 through 2009. To conceal his income and evade IRS collection attempts, Whitman set up a trust with his girlfriend as trustee, who then opened two bank accounts in the name of the trust.

Whitman channeled his business income into these trust accounts and used the funds to cover personal expenses while shielding his income from the IRS. July 2019he took further steps to hamper the IRS’s efforts by creating a new company to run his business. His actions resulted in a tax loss of more than 2.4 million US dollars to the tax authorities.

Whitman’s verdict is scheduled for 13 Novemberwhere he faces up to five years in prison. He may also be sentenced to probation after completing the physical incarceration. Finally, he may be ordered to repay the IRS the amount of the tax loss he caused.

How to restore compliance without exposing yourself to prosecution by the tax authorities when you have a long history of obvious fraud/non-filing

If you have not filed a tax return for one or more years, or have made a position on a tax return that could not be supported during an IRS or state tax authority audit, eggshell audit, reverse eggshell audit, or criminal tax investigation, it is in your best interest to contact an experienced tax defense attorney to determine the best way to recover your federal or state tax obligations without facing criminal prosecution.

Note: As long as a taxpayer who has intentionally committed tax offenses (possibly including unfiled foreign tax returns in connection with the positive avoidance of U.S. income tax on offshore income) self-reports the tax Fraud (including a sample of unfiled tax returns) through a domestic or foreign voluntary disclosure before the IRS has initiated a tax audit or criminal tax investigation/prosecutionthe taxpayer can usually be successfully brought back into tax compliance and receive an almost guaranteed exemption from criminal tax prosecution and at the same time often receive a Cancellation of civil penalties that would otherwise be incurred.

It is Imperative that you have a Experienced and reputable criminal defense attorney for tax criminal cases to guide you through the voluntary disclosure process. Only a lawyer has the attorney-client privilege and the work product privileges that to prevent the professional you have hired from being forced to testify against you, in particular if they have prepared returns that need to be corrected in the event of a subsequent criminal tax audit, investigation or prosecution.

Over and beyond, only one lawyer can prompt you to make a voluntary disclosure without you acting as an attorney without permission (which is a criminal offense in itself). Only a lawyer specializing in defense in tax criminal cases fully understands the risks and rewards of a voluntary disclosure and knows how to protect you if you do not meet the requirements for a voluntary disclosure.

As uniquely qualified and extensively experienced criminal tax defense attorneys, Kovel CPAs and EAs, our firm offers a one-stop shop to efficiently achieve the optimal and predictable results that Protect your freedom and your assets at the same time. Check out our testimonials to see what our customers say about us!

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