Legal Question in Tax Law in North Carolina

non-filing of taxes

I have a friend who has not filed tax returns for a lot of years. All of his income comes ''under the table''. I want to help him get out of this situation. He wants to, but says at this point he will end up in jail. What is the best course to follow?


Asked on 7/09/05, 1:34 pm

2 Answers from Attorneys
Lawrence Graves Coolidge & Graves PLLC

Re: non-filing of taxes

Although not by any means a sure thing, the general result in such cases is that, if your friend approaches the IRS by filing the omitted returns and paying what is owed, there will be no criminal action taken. There would be a host of penalties and interest on the delinquent taxes.

[Now, the foregoing assumes that your friend is not enaged in some criminal activity to generate the undeclared income.]

A qualified tax attorney can be of help (1) in approaching the IRS, and (2) negotiating the amount and type of penalties imposed.

Best wishes,

LDWG

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Answered on 7/10/05, 10:21 am
Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

Re: non-filing of taxes

Your friend should IMMEDIATELY contact a Tax Attorney. Because of the potential for criminal liability, your friend needs an attorney and not an accountant. Your friend would have attorney-client priviledge.

Tell your friend not to speak with the IRS.

Please see my website at http://www.taxesq.com

I hope this helps!

Ron Cappuccio

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Answered on 7/09/05, 9:55 pm


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