Tax Evasion Lawyers in Mcdonough

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

Most commonly, people who try to evade their taxes in Mcdonough, Georgia will take steps to hide their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You may also be familiar with the term "tax avoidance." It is essential that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.

Penalties for Tax Evasion in Mcdonough, Georgia

Both federal law and the law of Georgia treat tax evasion as a severe criminal offense.

Punishments for evading one's taxes in Mcdonough range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and fines in the hundreds of thousands of dollars.

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 is able to definitively show that a defendant in Mcdonough, Georgia intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.

A Mcdonough, Georgia Tax Evasion Lawyer Can Help

Attorneys in Mcdonough, Georgia 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.

Of course, if you've really been accused of tax evasion, you should retain a Mcdonough, Georgia tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.