Tax Evasion in Tolleson, Arizona
"Tax Evasion" refers to the crime of knowingly failing to pay one's taxes, as required by Arizona law.
One of the most common common tactics of tax evaders in Tolleson, Arizona is to attempt to make it appear to an outside observer that their tax liability is lower than it actually is, such as by concealing income, fraudulently transferring property, and others.
You may also be acquainted with the term "tax avoidance." It is critical 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 Tolleson, Arizona
The laws of the federal government, as well as Arizona take tax evasion very seriously, making it a crime.
In Tolleson, 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.
However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not usually so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.
However, if it can be clearly proven that a person or corporation in Tolleson, Arizona knowingly 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.
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A Tolleson, Arizona Tax Evasion Lawyer Can Help
A Tolleson, 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 actually charged with tax evasion, it's critical that you hire a qualified tax attorney in Tolleson, 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.