Tax Evasion Lawyers in South Miami

"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 South Miami, 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 using 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 South Miami, Florida

Under federal and state law, including the laws of Florida, tax evasion is a very serious crime.

In South Miami, tax evasion can result in anything from a relatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.

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

But, if the government can prove that a defendant in South Miami, Florida purposely 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 South Miami, Florida Tax Evasion Lawyer Can Help

Attorneys in South Miami, Florida who practice tax law can help you stay in compliance with your tax obligations. This is a good way to ensure that you won't be suspected of tax evasion in the first place.

However, if you're really accused of tax evasion, you will need a South Miami, 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.