We frequently represent clients in federal IRS criminal tax investigations in Stamford, Connecticut. In it worthy to note that the IRS released its 2011 statistical data today.
In 2011, the IRS Criminal Investigation Division initiated 4,720 criminal tax investigations. Of those investigations initiated, 3,410 were referred for criminal prosecution. These 4,720 cases included:
- 1,922 legal source crimes;
- 1,810 illegal source crimes; and
- 988 Narcotics-related financial crimes.
When we handle these situations for taxpayers our focus is usually to try and have the criminal investigation killed and the case returned to the civil exam division. The reason is that, the longer the IRS works the case and the more man hours logged on the investigation, the harder it will be to convince the IRS Criminal Investigators that the case is better dealt with civilly and that the taxpayer’s conduct does not warrant criminal prosecution.
Of the cases referred for prosecution, 2,998 were indicted, and 2,350 were convicted. 81.7% of those convicted were incarcerated. The reason the Government is so successful in prosecuting tax cases is the fact that these investigations are very thorough and undergo significant review by the IRS and Department of Justice Tax Division.
Hence, the key to a happy ending for taxpayers is getting us involved in the case early on, where we stand the best chance of derailing the criminal tax investigation and having the case returned to civil exam.
If you have any questions regarding federal criminal tax issues in Stamford, Connecticut or any other area of Connecticut do not hesitate to contact me at (203) 602-5550 or by email at firstname.lastname@example.org.
Eric L. Green, Esq.
Convicer, Percy & Green, LLP
60 Long Ridge Rd., Suite 202
Stamford, CT 06902
Ph. (203) 602-5550
Fax (203) 286-1311