Tax Evasion Lawyers in San Marcos

"Tax Evasion" refers to the crime of intentionally failing to pay one's taxes, as required by California law.

Usually, the strategy employed by tax evaders in San Marcos, California is to try and make it look like they have less taxable income than they actually do. This can be done by failing to report income, concealing it, or fraudulently transferring property.

It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves utilizing legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal commitments to pay taxes.

Penalties for Tax Evasion in San Marcos, California

Both federal law and the law of California treat tax evasion as a severe criminal offense.

Tax evaders in San Marcos can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties available, with the ones just mentioned representing the most severe options available.

However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not normally so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

However, if it can be clearly proven that a person or corporation in San Marcos, California intentionally attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A San Marcos, California Tax Evasion Lawyer Can Help

Tax lawyers in San Marcos, California can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.

Of course, if you've really been accused of tax evasion, you should retain a San Marcos, California tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.