Tax Evasion in Lanett, Alabama
"Tax Evasion" refers to the crime of willfully failing to pay one's taxes, as required by Alabama law.
One of the most common common tactics of tax evaders in Lanett, Alabama is to attempt to make it appear to an outside observer that their tax liability is lower than it actually is, such as by concealing income, fraudulently transferring property, and others.
You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves utilizing legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.
Penalties for Tax Evasion in Lanett, Alabama
Under federal and state law, including the laws of Alabama, tax evasion is a very egregious crime.
Punishments for evading one's taxes in Lanett range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.
Typically, a initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of intentional evasion, as opposed to an honest error in accounting.
But if the government is able to definitively prove that a defendant in Lanett, Alabama intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.
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A Lanett, Alabama Tax Evasion Lawyer Can Help
Attorneys in Lanett, Alabama who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.
In the unfortunate event that you're actually charged with tax evasion, it's important that you hire a qualified tax attorney in Lanett, Alabama. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.