Tax Evasion Lawyers in Hernando County
"Tax Evasion" refers to the crime of intentionally failing to pay one's taxes, as required by Florida law.
Most frequently, people who try to evade their taxes in Hernando County, Florida 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 intentionally 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 Hernando County, Florida
Under federal and state law, including the laws of Florida, tax evasion is a very egregious crime.
Punishments for evading one's taxes in Hernando County range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.
Normally, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of intentional evasion, as opposed to an honest error in accounting.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Hernando County, Florida committed intentional fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.
A Hernando County, Florida Tax Evasion Lawyer Can Help
Tax lawyers in Hernando County, 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 truly accused of tax evasion, you will need a Hernando County, 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.