Tax Evasion Lawyers in Key Biscayne

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

Most commonly, people who try to evade their taxes in Key Biscayne, 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 Key Biscayne, Florida

Under the laws of Florida, as well as federal law, tax evasion is a very egregious criminal offense.

In Key Biscayne, 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 the relevant tax authorities are able to demonstrate that a taxpayer in Key Biscayne, 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 Key Biscayne, Florida Tax Evasion Lawyer Can Help

Tax lawyers in Key Biscayne, 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 Key Biscayne, 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.