Tax Evasion Lawyers in Kendall
"Tax Evasion" refers to the crime of willfully failing to pay one's taxes, as required by Florida law.
Most commonly, people who try to evade their taxes in Kendall, Florida will take steps to hide their assets and income, or transferring their property to other legal entities in a fraudulent manner.
You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves utilizing legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.
Penalties for Tax Evasion in Kendall, Florida
Under the laws of Florida, as well as federal law, tax evasion is a very egregious criminal offense.
In Kendall, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.
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 intentional.
However, if it can be clearly proven that a person or corporation in Kendall, Florida willfully attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.
A Kendall, Florida Tax Evasion Lawyer Can Help
Tax lawyers in Kendall, Florida can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.
Of course, if you've really been accused of tax evasion, you should retain a Kendall, Florida tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.