Tax Evasion in Queen Creek, Arizona
"Tax Evasion" refers to the crime of deliberately failing to pay one's taxes, as required by Arizona law.
One of the most common prevalent tactics of tax evaders in Queen Creek, Arizona 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.
You may also be acquainted with the term "tax avoidance." It is important 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 Queen Creek, Arizona
The laws of the federal government, as well as Arizona take tax evasion quite seriously, making it a crime.
In Queen Creek, tax evasion can result in anything from a comparatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.
However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not typically so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.
On the other hand, if the prosecution can establish that a Queen Creek, Arizona taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.
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A Queen Creek, Arizona Tax Evasion Lawyer Can Help
A Queen Creek, Arizona attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.
In the unfortunate event that you're truly charged with tax evasion, it's imperative that you hire a knowledgeable tax attorney in Queen Creek, Arizona. 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.