Tax refunds held up on fraud suspicion
The state of New Jersey is allegedly withholding tax refunds for many residents because it wants to investigate them further among reports of growing tax refund fraud. According to a report, the state believes that many tax returns could be fraudulent because people have stolen identities of other people and are filing tax returns under their names.
While the state isn't naming any people specifically that might be committing fraud, it is saying that it believes the problem is growing and should investigate potential fraud before issuing tax returns. People might be upset by the fact that their tax returns might be delayed, but they should also understand their rights if they become the subject of a state investigation for fraud. New Jersey may choose to prosecute people that it believes have committed fraud.
These accusations can ruin a person's reputation. It is important the people who are accused of crimes understand their rights. They might be wise to speak with an experienced criminal defense attorney. They can help a person work to form a rigorous criminal defense. Sometimes tax fraud issues arise from a simple miscommunication or an error on a tax return. While having tax returns delayed is disappointing, it can be even more shocking when a person is accused of tax fraud.
These accusations can result in consequences at a person's job and might also affect their family life. An attorney can help to clear a person's name and hopefully restore their reputation within their community.
Source: Asbury Park Press, "Watchdog: State delays tax refunds for thousands," Michael Symons, March 15, 2013
-Our law firm handles fraud related charges in New Jersey. Please visit our website to learn more.