Understanding tax fraud charge and its penalties

Tax fraud is a type of a white-collar crime where a person is being sought by the Internal Revenue Service (IRS) due to allegations that he or she is not honest in reporting their tax dues. A lot of families in the U.S. have to deal with hefty financial loss when their loved ones got in trouble with the federal government.

Kohler Hart Powell, SC defines tax fraud as a means of paying lesser tax to the government by intentionally falsify their finances. The mere thought of being sought by the IRS after being suspected of failing to report all your taxes can be stressful and frightening. A thorough investigation is usually done by the IRS when they believe that a certain individual or a business outfit is dishonest with their taxes. The IRS often tracks down suspected tax cheaters with the help of the Federal Bureau of Investigations (FBI) and with the U.S. Secret Service. Acts of falsifying accounting entries, getting tax deductions that are not yours and failure to report income are considered samples of tax fraud according to Wisconsin fraud attorneys.

Any person found guilty of tax fraud may be order to pay fine of nearly $250,000 by the IRS and an imprisonment not longer than five (5) years. On the other hand, bigger companies or corporations may face a tougher fine of up to $500,000. The IRS imposes tougher penalties when they found out that tax cheaters operate as a group. In the fiscal year 2015, a lot of people nationwide have been sentenced of tax fraud. In Madison alone, a woman was sentenced to 1 year of imprisonment in June after pleading guilty to tax fraud. Also in June, a company owner in Baton Rouge was ordered to pay fine worth $1,217,657 and was sentenced to 135 months of imprisonment for duping another company.

Things an injured person may do after a car accident

Individuals who have been injured in car accidents often find themselves coping with great financial loss mainly because of the expensive hospitalizations or follow up treatments they needed for recovery.

While injuries are almost often evident after a car accident, there are some cases where injuries only become apparent after weeks or even months after the mishap. A person who had been involved in such unfortunate event should write everything he or she remembers after the accident including every pain they feel in different parts of their body. Though some persons may not immediately write down accident details due to medical conditions, they should take note every detail they remember after the crash. According to some personal injury attorney websites, injuries like whiplash, concussions, head injuries, and burns have devastating consequences for car accident victims and their families. Individuals who have sustained such injuries are often left permanently disabled and they find themselves having difficulty in getting a job.

A person’s accident documentation should include time, date, names of other persons, or any conversations they have. A person may want to revisit the accident scene and take pictures or gather additional information from other people who might have seen your accident. Such action is important mostly if road defects are suspected in the accident. Road problems including potholes, insufficient signage, shoulder drop-off, uneven pavement, insufficient guardrails, road debris, can cause injuries to motorists according to the Evans Moore personal injury website.

Documenting a car accident through writing is crucial mostly if an injured person is considering filing a personal injury claim upon believing that negligent parties are liable. However, aside from writing down notes, car accident victims may consider working with lawyers for them to possibly get financial assistance they need for recovery. Personal injury claims from car accidents often are complicated and a lawyer may help you further investigate to held negligent parties liable to your injuries.

“Clean claim” filing tips for healthcare providers

Medical professionals like doctors should understand that they should provide the necessary documents needed for them to be paid by the insurance carriers of the patients they have treated.

A small error in the claiming process after a professional service is rendered to a patient may result to Health Maintenance Organizations (HMO) or Preferred Provider Organizations (PPO) either delaying or denying health providers of their deserved compensations. Aside from filing in a timely fashion, doctors should make sure that all receivable documentations needed by insurance carriers are provided. Information like names, addresses and other information should be error-free for health providers to also timely get their compensations.

While the Texas prompt pay lawyers at Williams Kherkher state that health providers are protected by the Texas Prompt Pay Act of 2003, they also note that many HMO and PPO companies wrongfully deny or delay the compensations deserved by hardworking healthcare providers. Health providers may experience delay from insurance carriers that are very critical in details. At some point carriers may request additional details to healthcare providers who have already filed a clean claim if they are suspecting fraud.

To possibly avoid such frustrating hassles, tips like documenting status claims including mails, regular updating of account receivables and recording phone calls with insurance carriers regarding claims can be done. Such documentation is highly crucial for healthcare providers who have decided to file a complaint to the Texas Department of Insurance (TDI). Copies of health insurance cards of patients and all the printed and digital transactions between a healthcare provider and carriers can be used as evidence when filing a complaint to the TDI.

Healthcare providers who believe that their compensations are either delayed or denied by carriers should also know that there are lawyers who provide legal assistance for claims regarding the prompt pay act.