Rice Business Report April Rice Business Report 2019 | Page 19

RICE BUSINESS REPORT APRIL 2019 Everything You Need To Know About Penalties For Tax Evasion in the US Continued from page 16….. By Sharmistha Biswas Besides, the judges of the US department will decide whether you will get an oppor- tunity to get an attorney to present your case before the grand jury. If they don't allow it, you will be arrested by the law enforcement authorities. On the next step, you can plea for the bail to the federal court. This is the high- time when you will be in need of an experienced criminal defense attorney reputed for defending several federal tax evasion crimes before. Punishment If you are charged with the tax evasion crime and proved to be a guilty under the federal law, you can be sent for imprisonment for around five years and a fine within $100,000. The felony charges will destroy your social and professional reputation. The record of your crime of tax dodging will prevent you from getting a new job and will cause serious troubles in your business. You may also come across with various negative effects in your rights in other ways. Prevention To avoid being charged with the serious criminal offense of tax avoidance, it is strongly recommended to file for the tax on time. If you are not aware of the process, consult a professional tax attorney immediately. If you are going through unfavorable circumstances for arranging the amount of your tax, contact an IRS executive right now and let him/her inform about your current financial instability. The professional will surely help you right away ADVERTISE WITH The RICE BUSINESS REPORT  Rice Business Report posted to Linkedin / Twitter / Facebook Social Media Platforms Every Month  Rice Business Report Attends Major Networking Events Every Week of the Month  Rice Business Report Promotes Advertisers and Business Associates Creating “ New Found Business Opportunities”  Rice Business Report is A Associate Member of the World Chamber of Commerce, Approximately 50 World Wide Chambers  Rice Business Report Creates Synergy and Awareness for Your Business  Rice Business Report Reaches Readership Globally Using Social Media Platforms  Rice Business Report is emailed to Approximately 10,000 Email Contacts, who then forward maga- zine to their Contacts  Rice Business Report NETWORKS Your BUSINESS, PROMOTES YOUR BUSINESS 19