Tax Evasion Lawyers in Groton

"Tax Evasion" refers to the crime of deliberately failing to pay one's taxes, as required by Connecticut law.

Normally, the strategy employed by tax evaders in Groton, Connecticut 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.

You may also be familiar 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 Groton, Connecticut

The laws of the federal government, as well as Connecticut take tax evasion quite seriously, making it a crime.

The penalties for tax evasion in Groton can range anywhere from small fines to huge fines, along with prison sentences of several years.

Normally, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Groton, Connecticut deliberately concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Groton, Connecticut Tax Evasion Lawyer Can Help

Tax lawyers in Groton, Connecticut can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

In the unfortunate event that you're truly charged with tax evasion, it's imperative that you hire a knowledgeable tax attorney in Groton, Connecticut. 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.