Tax Evasion Lawyers in Oakwood

"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 Oakwood, 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 familiar 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 Oakwood, Georgia

The federal government and the laws of Georgia impose severe penalties for tax evasion - treating it as an extremely serious crime.

In Oakwood, 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.

In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was deliberate.

But if the government is able to definitively establish that a defendant in Oakwood, 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 Oakwood, Georgia Tax Evasion Lawyer Can Help

An Oakwood, Georgia attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

However, if you're truly accused of tax evasion, you will need an Oakwood, Georgia 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.