Tax Evasion in Larkspur, California
"Tax Evasion" refers to the crime of willfully failing to pay one's taxes, as required by California law.
Normally, the strategy employed by tax evaders in Larkspur, 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 willfully attempting to get out of one's tax liability through prohibited 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 Larkspur, California
Under federal and state law, including the laws of California, tax evasion is a very severe crime.
The penalties for tax evasion in Larkspur 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 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 purposeful.
But if the government is able to definitively establish that a defendant in Larkspur, 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 Larkspur, California Tax Evasion Lawyer Can Help
An attorney in Larkspur, California specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
Of course, if you've truly been accused of tax evasion, you should hire a Larkspur, California tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.