IRS PPP Investigations
Our New York IRS PPP Lawyers Are Here to Protect You During an IRS Investigation
Even though the COVID-19 pandemic has been relegated to history, the Internal Revenue Service (IRS) is still actively targeting taxpayers suspected of taking advantage of the federal government’s pandemic relief programs. This includes the Paycheck Protection Program (PPP), which provided forgivable loans to eligible businesses. If you are facing scrutiny from the IRS related to a PPP application or loan forgiveness certification, our New York IRS PPP lawyers can help, but it is important that you contact us right away.
Facing an IRS PPP investigation presents substantial risks. The IRS is working with the U.S. Department of Justice (DOJ) to pursue criminal charges in many cases. Charges for government fraud, tax evasion and other crimes carry major penalties—including fines and prison time for business owners, accountants and other individuals.
Experienced Legal Representation for IRS PPP Investigations
We provide experienced legal representation for IRS PPP investigations in New York. If you have been contacted by the IRS concerning a PPP loan application that you filed (or helped someone file) during the pandemic, our lawyers can deal with the IRS on your behalf. We now have several years of experience defending clients in matters involving allegations such as:
- Submitting fraudulent PPP loan applications
- Submitting fraudulent supporting documentation during the PPP loan application process
- Making misrepresentations to lenders during the PPP loan application process
- Filing multiple PPP loan applications with multiple lenders
- Filing PPP loan applications for non-existing businesses or business entities with no payroll expenses
- Using PPP loan funds for personal expenditures or other unauthorized purposes
- Fraudulently certifying PPP compliance
Due to the substantial risks involved, if you are facing PPP-related scrutiny from the IRS, it is imperative that you engage experienced defense counsel. Since discovering widespread fraud under the PPP, the IRS has made PPP-related enforcement a priority. The IRS is targeting PPP applicants, accountants, promoters and others, and it is working diligently to recover billions of dollars in fraudulently obtained taxpayer funds.
Defenses in IRS PPP Investigations
If you are facing an IRS PPP investigation, the defenses you have available depend on the facts of your case. Whether you complied with the terms of the PPP or you need to focus on mitigating the consequences of a mistake, you need to build and execute a defense strategy that is custom-tailored to the circumstances at hand. Our New York PPP lawyers can help you decide how to approach the IRS’s investigation, and then we can use our experience to target a favorable resolution that protects you to the fullest extent possible.
Schedule an Appointment with a New York IRS PPP Lawyer at Thorn Law Group
Are you facing scrutiny from the IRS related to a PPP application or loan forgiveness certification? If so, we encourage you to contact us right away to discuss your case. To schedule an appointment with a New York IRS PPP lawyer at Thorn Law Group, call (914) 534-6004 or contact us confidentially online today.
