Tax Evasion Lawyers in Milton

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

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

You may also be acquainted with the term "tax avoidance." It is crucial 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 Milton, Georgia

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

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

In the majority of tax evasion cases, however, the punishments are not so severe. This is particularly likely in first offenses, when the amount of money involved is fairly small. Minor punishments for tax evasion normally mean a small fine, on top of an order to pay whatever taxes the taxpayer owes. A minor punishment is most likely when the government has trouble proving that fraud was involved, as opposed to an honest accounting error.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Milton, Georgia committed willful 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 Milton, Georgia Tax Evasion Lawyer Can Help

Attorneys in Milton, Georgia who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.

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