Worst case scenario of not filing tax returns/not paying taxes?
by taxbanking, Window Shopper
- Created: May 6, 2010, 11:17 am
Does anyone have an example of a worst case scenario for years of not filing tax returns/not paying taxes? What do you think would happen to the individual? Does the DOJ routinely impose sentences for imprisonment? Or is it more likely that the IRS would simply fine the person and demand payment in full for all taxes, penalties and fines? If they sentence the person to prison, how likely is it that they will be able to begin paying restitution?
Of course this circumstance assumes that the person is a U.S. citizen, fully aware of the obligation to pay taxes, yet willfully neglecting to file/pay.
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