Tax Evasion Lawyers in Stillwater

In Oklahoma, "tax evasion" is a crime that involves a purposeful failure to pay the taxes that the taxpayer legally owes.

Usually, tax evasion is accompanied by an attempt to make it appear to the government of Stillwater, Oklahoma 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 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 Stillwater, Oklahoma

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

Tax evaders in Stillwater 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.

But, if the government can prove that a defendant in Stillwater, Oklahoma 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 Stillwater, Oklahoma Tax Evasion Lawyer Can Help

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

In the unfortunate event that you're really charged with tax evasion, it's crucial that you hire a reliable tax attorney in Stillwater, Oklahoma. 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.