Tax Evasion Lawyers in New Castle

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

Most frequently, people who try to evade their taxes in New Castle, Delaware will take steps to harbor their assets and income, or transferring their property to other legal entities in a fraudulent manner.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of knowingly 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 New Castle, Delaware

The federal government and the laws of Delaware impose grave penalties for tax evasion - treating it as an extremely serious crime.

In New Castle, tax evasion can result in anything from a comparatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.

Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was intentional, as opposed to an honest mistake.

On the other hand, if the prosecution can establish that a New Castle, Delaware taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.

A New Castle, Delaware Tax Evasion Lawyer Can Help

An attorney in New Castle, Delaware specializing in tax law can help you adhere 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.

If the government truly charges you with tax evasion, it cannot be stressed enough that you need the assistance of a reliable New Castle, Delaware tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.