Money laundering, an activity in which a person or business attempts to hide the true source of money, is prohibited by law and may be federally prosecuted. In cases of money laundering, the person or business attempts to hide the source of money derived from illegal activities, such as health care fraud, drug trafficking or public corruption, for purposes of evading taxes that would otherwise be owed.
Filing one's taxes can often be a complex and confusing process, especially when the taxes include business income or a significant amount of deductions. It can be easy to make a mistake on a tax return. Pennsylvania taxpayers who have made tax errors may be concerned about whether their mistake will be perceived as tax evasion. Fortunately, the IRS has specifically defined what separates criminal evasion from a simple mistake.
Most citizens of Pennsylvania and across the country are aware that under no circumstance does the law tolerate tax evasion. Therefore, the Internal Revenue Service considers anyone who attempts to pay his or her taxes in an unlawful manner to be guilty of tax evasion, a federal crime that carries strict penalties.
The majority owner of the Pittsburgh Penguins' main practice rink has been indicted for tax fraud. On July 29, the 59-year-old owner of Iceoplex at Southpointe was indicted by a federal grand jury on 10 counts of failure to pay and one count of obstruction of the Internal Revenue Code. The alleged tax evasion reportedly adds up to $1 million in unpaid taxes.
Earlier this week, we discussed the federal gambling-related charges against a father and son in Montgomery County. The mother of the family was also facing a banking charge related to the gambling allegations, but a judge recently said the banking charge would be dropped. That is, if all of the other people charged in the case plead guilty to illegal gambling and racketeering.
The Internal Revenue Service has been aggressively pursuing criminal charges against those in Pittsburgh and across the country the agency says have not kept up on their federal income taxes. According to a recent article, the IRS has opened more than 13,000 investigations and referred around 9,000 cases to federal prosecutors for tax-related criminal charges in the past three years.
Tax evasion is a serious charge. Depending on the circumstances surrounding allegations of tax evasion, the government could pursue a fine or penalty. Unfortunately for some people, like a co-defendant in an ongoing tax evasion case in Pennsylvania, criminal charges are filed.
In the late 1990s and early 2000s, Wesley Snipes' film career was at its peak. 1998 marked the highpoint for Snipes' commercial success, when he starred in the movie "Blade." In 1998, Snipes also starred in "U.S. Marshalls" as Mark Sheridan, a falsely accused fugitive on the run from the law. It was also around this time he stopped filing his federal income tax returns.