Tax Evasion Lawyers in Powder Springs

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

Most often, people who try to evade their taxes in Powder Springs, Georgia will take steps to conceal 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 necessary 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 Powder Springs, Georgia

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

In Powder Springs, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.

Typically, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of intentional evasion, as opposed to an honest error in accounting.

On the other hand, if the prosecution can prove that a Powder Springs, Georgia taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's allowed by law. This can easily involve jail time.

A Powder Springs, Georgia Tax Evasion Lawyer Can Help

An attorney in Powder Springs, Georgia specializing in tax law can help you adhere with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.

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