Tax Evasion in Fountain Valley, California
"Tax Evasion" refers to the crime of purposely failing to pay one's taxes, as required by California law.
Normally, the strategy employed by tax evaders in Fountain Valley, California 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 not be confused with "tax avoidance." Tax evasion is the act of purposely attempting to get out of one's tax liability through prohibited means. Tax avoidance is perfectly legal, and involves utilizing legal strategies (such as taking advantage of deductions and tax credits) to reduce one's legal tax liability. However, someone engaging in tax avoidance typically intends to pay whatever they end up owing, even as they try to reduce the amount they owe.
Penalties for Tax Evasion in Fountain Valley, California
The laws of the federal government, as well as California take tax evasion quite seriously, making it a crime.
Tax evaders in Fountain Valley 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.
Normally, a 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 intentional evasion, as opposed to an honest error in accounting.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Fountain Valley, California committed intentional fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.
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A Fountain Valley, California Tax Evasion Lawyer Can Help
Attorneys in Fountain Valley, California who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.
However, if you're truly accused of tax evasion, you will need a Fountain Valley, California tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.
Tax Evasion Attorneys in the Largest CA Cities
Life in Fountain ValleyFountain Valley, California has a population of about 55,000 and is located in Orange County. It was named after the many artesian wells found in the area during the time of the city's founding. Fountain Valley is mostly a residential bedroom community.
As a suburb, much of Fountain Valley, California is comprised of residential neighborhoods. However, the city has experienced a significant increase in commercial employment, particularly in the area known as the "Southpark" district. Southpark district is home to offices for several major corporations, including Starbucks and D-Link. The national headquarters for Hyundai Motor America is also located in Fountain Valley.
One of the main attractions in the city of Fountain Valley, California is Mile Square Regional Park. The park contains three different 18-hole golf courses, two spectacular lakes, sports fields, picnic areas, and a nature area filled with native Californian plants. Mile Square Regional Park also has a recreation center complete with tennis, racquetball, and basketball courts. Fountain Valley is also just minutes away from many Southern California amusement parks.
Lawyers in Fountain Valley, California help the community by assisting in a wide range of different legal fields. Fountain Valley lawyers can help answer legal questions, provide explanations of various laws, and represent clients in court.