Tax Evasion Lawyers in Miami Shores

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

Most frequently, people who try to evade their taxes in Miami Shores, Florida will take steps to harbor 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 Miami Shores, Florida

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

Tax evaders in Miami Shores 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.

However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not typically so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

On the other hand, if the prosecution can establish that a Miami Shores, Florida 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 Miami Shores, Florida Tax Evasion Lawyer Can Help

A Miami Shores, Florida attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.

In the unfortunate event that you're truly charged with tax evasion, it's critical that you hire a knowledgeable tax attorney in Miami Shores, Florida. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.