Missouri Tax Fraud and Tax Evasion Laws
As the saying goes, nothing is as certain as death and taxes. But, what happens if you decide to not pay those taxes? Tax fraud or tax evasion is when someone purposefully underpays his or her taxes. This is not an innocent mistake in preparing your taxes, but intentionally completing forms inaccurately in order to owe less to the state.
Tax evasion and fraud are penalized in Missouri, both criminally and administratively by the local Department of Revenue, depending on the fraud perpetrated and the intent of the person who owed the taxes. Read on to learn more about Missouri's tax fraud and evasion laws.
Tax Fraud and Tax Evasion Penalties
Generally, tax fraud and tax evasion are white collar crimes with smaller penalties, such as a misdemeanor or infraction with a fine. Additionally, tax evaders may owe the correctly calculated unpaid taxes as well as the cost to the state of Missouri for the prosecution to collect those taxes. Both individuals and corporations can be found to evade their taxes and both can be fined accordingly.
Missouri Tax Fraud and Tax Evasion Laws: Statutes
The following table highlights the main provisions of Missouri's tax fraud related laws.
Missouri Revised Statutes: Title X - Taxation and Revenue contains both the taxation procedural laws and penalties, including criminal, for tax evasion. This section describes primarily the administrative law outcomes, such as hearings by the County Board of Equalization, for not paying your taxes.
Missouri Revised Statutes: Chapter 576 - Offenses Affecting the Government
What's Prohibited? What's the Penalty?
Missouri prohibits any of the following tax evasion related activities, among other more specific statutes. The laws explicitly state some penalties or you must refer to the standard criminal penalty schedule in the next section.
Although many crimes must be prosecuted within a specific period of time, called the statute of limitations, there's no time limit for when Missouri can pursue tax fraud. This means even tax fraud committed in the distant past can come back to bite you.
Standard Jail and Fine Schedule
Punishments for felonies and misdemeanors in Missouri vary by class. When a corporation is the defendant, it can be significantly fined, especially if a special fine is permitted by law. The penalty ranges for tax evasion are listed below:
Note: State laws are constantly changing -- it's important to verify the state law(s) you are researching.
Dealing with any criminal or administrative charge is often a trying experience. If you find yourself facing a tax fraud related issue, you should contact an experienced Missouri tax attorney for assistance.
Research the Law
- Missouri Law
- Official State Codes - Links to the official online statutes or laws in all 50 states and DC
Missouri Tax Fraud and Tax Evasion Laws: Related Resources
- Missouri Consumer Tax Laws
- Missouri Personal Income Tax Laws
- Income Tax: Fraud vs. Negligence
- Avoiding Behavior the IRS Considers Criminal or Fraudulent
- Find a Missouri Tax Attorney
Next Steps: Search for a Local Attorney
Contact a qualified attorney.