Tax Evasion Lawyers in Cutler Bay
"Tax Evasion" refers to the crime of deliberately failing to pay one's taxes, as required by Florida law.
Most commonly, people who try to evade their taxes in Cutler Bay, Florida will take steps to hide 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 deliberately attempting to get out of one's tax liability through unlawful 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 Cutler Bay, Florida
The federal government and the laws of Florida impose grave penalties for tax evasion - treating it as an extremely serious crime.
Tax evaders in Cutler Bay 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.
In most cases, especially 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 willful.
But, if the government can prove that a defendant in Cutler Bay, Florida 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 Cutler Bay, Florida Tax Evasion Lawyer Can Help
Tax lawyers in Cutler Bay, Florida can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.
However, if you're really accused of tax evasion, you will need a Cutler Bay, Florida 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.