LOS ANGELES (PRWEB) November 28, 2019
A recent Newsweek article reported that a former IRS employee had been sentenced to nearly three years in prison for refusing to settle back taxes. The former Utah IRS employee reportedly “made a career of committing tax fraud,” according to federal prosecutors, and amassed more than $500,000 in back taxes between the years of 1993 and 2006. The former employee, who was also an attorney, apparently made “frivolous” bankruptcy claims and inaccurately reported his assets to prevent the IRS from collection his tax payments.
“This example of an IRS employee going to prison for
Because the Utah IRS employee did not settle his back taxes, the former Utah IRS employee has been ordered to pay nearly $1 million in restitution, which includes penalties and interest charges on his missed tax payments. According to the Newsweek article, the former IRS employee is planning to file an appeal. The Newsweek report also states that in one instance, the former Utah IRS employee filed a false income tax return in 2009, which claimed a deduction worth more than $400,000 based on an abandoned investment in a Ponzi scheme involving Utah company VesCor. However, the former IRS employee was proved never to have been an investor in the project from which he claimed to lose money.
In light of this news, Platinum Tax Defenders reminds taxpayers that failing to settle back taxes can result in severe consequences. If you don’t settle your back taxes, the IRS has the right to garnish your wages, place a levy on your bank, charge interest and penalties, or worse, send you to prison. The tax relief experts at Platinum Tax Defenders can help you avoid jail time and get you wage garnishment release if needed if you call them today. Platinum Tax Defenders is currently offering free consultations for new clients. For more information, visit http://www.platinumtaxdefenders.com.
About Platinum Tax Defenders
The tax relief experts at Platinum Tax Defenders have been helping taxpayers get out of tax debt for decades. Comprised of expert enrolled agents, tax attorneys, and certified public accountants, Platinum Tax Defenders can help you with all of your tax needs, whether it’s filing taxes, helping to settle back taxes, or get a wage garnishment release. For more information, and to schedule a free consultation, visit http://www.platinumtaxdefenders.com or call 866-866-8053.
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