While it may be tempting to neglect your yearly tax burden, you will face very severe consequences if you choose to do so. California tax payers who avoid or evade paying taxes will be subject to harsh financial penalties and may also be faced with serious criminal charges if the IRS finds evidence of willful tax evasion. MoneyCrashers.com explains the difference between avoidance and evasion and what you can do to avoid serious consequences from being levied.
What’s the Difference Between Tax Avoidance and Tax Evasion?
The reality of an embezzlement charge
Embezzlement is a type of crime that can quickly become serious. The taking of another's funds or property -- no matter how insignificant the amount might be -- crosses the line of legal ownership. It is easy for Californians facing such charges to become lost in the whirlwind of penalties. These penalties can range from a misdemeanor to a felony, often with added fines or jail time.
How are theft, robbery and burglary different from each other?
If you face charges in California for theft, robbery or burglary, you may be unclear as to exactly what it is that law enforcement officers say you allegedly did or why they charged you with one crime as opposed to the others.
Cyber crime penalties: are they too strict?
Needless to say, the Internet is hardly as simple as it was two decades ago. Because of its diverse and expansive global reach, countless crimes take place online. While these crimes can be incredibly damaging to the victim, many argue that the penalties for such actions are too severe. Californians charged with an Internet crime can often expect a long and arduous road ahead.
Traffic stops and cocaine: facts to know
Not only can a drug charge take extensive time and money to resolve; it can begin to place a damper on a person's life. Most states take cocaine charges seriously, yet penalties have become less severe in the last two decades. However, there are facts to know about such charges in the state.
Debunking 4 myths about identity theft
Identity theft is a pervasive crime. In 2014, many reports estimated that approximately 17.6 million Americans experienced identity theft, according to the Bureau of Justice Statistics.
The current outlook of internet crimes
As the internet has become a common part of everyday life over the last twenty years, most California households are familiar with the usual security threats. Although internet crimes can be serious, they are often incredibly complex to address. These types of crimes are relatively common and, according to some recent reports, incidents appear to be on the rise.
