Tax Evasion Lawyers in Kenmore

Tax Evasion in New York is a criminal act in which someone intentionally fails to pay their taxes.

Most often, people who try to evade their taxes in Kenmore, New York will take steps to conceal their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You may also be familiar with the term "tax avoidance." It is essential 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 Kenmore, New York

The federal government and the laws of New York impose severe penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Kenmore range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and fines in the hundreds of thousands of dollars.

Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was deliberate, as opposed to an honest mistake.

However, if it can be clearly proven that a person or corporation in Kenmore, New York intentionally attempted to conceal 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 Kenmore, New York Tax Evasion Lawyer Can Help

Tax lawyers in Kenmore, New York can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

Of course, if you've actually been accused of tax evasion, you should contact a Kenmore, New York tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.