Criminal fraud versus civil fraud


Suppose a situation in which the client under audit by the IRS omitted $100,000 in income. From the e-Activity, analyze the major factors relative to the omission by client that would result in criminal investigation, rather than a civil fraud proposal by the IRS.

Based on the scenario in the first part of this discussion, suggest at least one (1) strategy that the client should use in defense of a criminal case pursued. Provide a rationale for your response.

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: Criminal fraud versus civil fraud
Reference No:- TGS0512688

Expected delivery within 24 Hours