No one wants trouble from the IRS of any sort, and especially not trouble that ends up becoming a criminal tax case. Sometimes IRS criminal tax cases start off that way, with an investigation. But sometimes, criminal tax cases come out of regular old civil IRS audits. If that sounds frightening, it is. Sometimes even simple interactions with the IRS can go south. A good example of how to land yourself in hot water is if you engage in deceptive or obstructionist behavior with the IRS during an audit. Some people think they can outsmart the IRS and cover something up. Just look at what happened to Todd and Julie Chrisley, who were convicted of tax evasion and bank fraud this year. They have not yet been sentenced.
In the indictments and at trial, the feds alleged that the Chrisleys and their accountant tried to obstruct IRS collection efforts, hide income, lied about their taxes, and in the accountant’s case, and even lied to the FBI and the IRS. Many tax cases settle with a plea deal on lesser charges, even criminal tax cases. But the Chrisleys went to trial, and lost in the face of government claims that they lied to get $30 million in bank loans and spent it on a lifestyle they could not afford.
The jury believed prosecutors that the Chrisleys tried to hide their money from the IRS. Saying different things to your bank and to the IRS can be a major mistake. The feds showed that they provided banks with false information such as personal financial statements containing...
Shahid Kapoor's mom and Bollywood actress Neelima Azeem has always been vocal about her personal life and has never shied away from speaking her mind. In a recent interview, Neelima also spoke abo...