Tax Evasion Lawyers in Apex

Tax Evasion in North Carolina is a criminal act in which someone purposely fails to pay their taxes.

Typically, tax evasion is accompanied by an attempt to make it appear to the government of Apex, North Carolina that one's tax liability is lower than it actually is. This can include concealing income, making fraudulent transfers of property, and other illegal activities.

You may also be acquainted with the term "tax avoidance." It is crucial that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.

Penalties for Tax Evasion in Apex, North Carolina

The federal government and the laws of North Carolina impose grave penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Apex 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, an 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 willful evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Apex, North Carolina purposely concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Apex, North Carolina Tax Evasion Lawyer Can Help

Attorneys in Apex, North Carolina 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.

However, if you're actually accused of tax evasion, you will need an Apex, North Carolina tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.