Tax Evasion Lawyers in Aberdeen

In South Dakota, "tax evasion" is a crime that involves a deliberate failure to pay the taxes that the taxpayer legally owes.

Typically, the strategy employed by tax evaders in Aberdeen, South Dakota 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.

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the illegal act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Aberdeen, South Dakota

The laws of the federal government, as well as South Dakota take tax evasion very seriously, making it a crime.

In Aberdeen, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.

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.

On the other hand, if the prosecution can prove that an Aberdeen, South Dakota taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's allowed by law. This can easily involve jail time.

A Aberdeen, South Dakota Tax Evasion Lawyer Can Help

An attorney in Aberdeen, South Dakota specializing in tax law can help you adhere with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.

If the government actually charges you with tax evasion, it cannot be stressed enough that you need the assistance of a reputable Aberdeen, South Dakota tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.