Tax Evasion Lawyers in Piedmont
"Tax Evasion" refers to the crime of deliberately failing to pay one's taxes, as required by Alabama law.
One of the most common prevalent tactics of tax evaders in Piedmont, Alabama is to attempt to make it appear to an outside observer that their tax liability is lower than it truly is, such as by concealing income, fraudulently transferring property, and others.
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 Piedmont, Alabama
Under the laws of Alabama, as well as federal law, tax evasion is a very significant criminal offense.
The penalties for tax evasion in Piedmont can range anywhere from small penalties to huge penalties, along with prison sentences of several years.
In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was willful.
However, if it can be clearly proven that a person or corporation in Piedmont, Alabama deliberately attempted to harbor 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 Piedmont, Alabama Tax Evasion Lawyer Can Help
Tax lawyers in Piedmont, Alabama 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 truly charged with tax evasion, it's imperative that you hire a knowledgeable tax attorney in Piedmont, Alabama. 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.