What kind of sentence can i expect for a tax evasion charge?
* Tax evasion: This is a felony and a conviction can carry a prison sentence of up to five years and/or fines up to $100,000. * Filing a false return: The government does not have to prove the taxpayer intended to evade tax laws, just that the taxpayer filed a false return. This is a felony and can result in a prison sentence of up to three years and/or fines up to $100,000. * Failing to file a tax return: This is a misdemeanor and can result in a maximum prison sentence of one year and/or fines totaling up to $25,000 for each year for which no return was filed. Prior conviction for financial crimes will play into the judge’s sentencing choices – it’s likely that he would select the upper end of the sentencing guidelines. Maybe it’s time to stop committing crimes, eh?
