Tax Evasion in Lakeport, California
"Tax Evasion" refers to the crime of intentionally failing to pay one's taxes, as required by California law.
Usually, the strategy employed by tax evaders in Lakeport, 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 intentionally attempting to get out of one's tax liability through unlawful means. Tax avoidance is perfectly legal, and involves using 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 Lakeport, California
Under federal and state law, including the laws of California, tax evasion is a very severe crime.
The penalties for tax evasion in Lakeport can range anywhere from small fines to huge fines, along with prison sentences of several years.
In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally 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 purposeful.
But if the government is able to definitively show that a defendant in Lakeport, California intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.
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A Lakeport, California Tax Evasion Lawyer Can Help
A tax attorney in Lakeport, California can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine clearly what one's tax liability is, and a tax attorney can help.
Of course, if you've really been accused of tax evasion, you should retain a Lakeport, California tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.