Tax Evasion Lawyers in South Pasadena
"Tax Evasion" refers to the crime of willfully failing to pay one's taxes, as required by Florida law.
Most often, people who try to evade their taxes in South Pasadena, Florida will take steps to conceal 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 Pasadena, Florida
Under federal and state law, including the laws of Florida, tax evasion is a very serious crime.
In South Pasadena, 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 usually 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 Pasadena, Florida willfully 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 Pasadena, Florida Tax Evasion Lawyer Can Help
Tax lawyers in South Pasadena, Florida can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
However, if you're actually accused of tax evasion, you will need a South Pasadena, 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.