Tax Evasion Lawyers in Idaho Falls

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

There are a few strategies that tax evaders use in Idaho Falls, Idaho. One of the most common tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide variety of ways to conceal income for the purpose of evading one's tax liability, but all of them are illegal.

It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves using legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal obligations to pay taxes.

Penalties for Tax Evasion in Idaho Falls, Idaho

Under the laws of Idaho, as well as federal law, tax evasion is a very serious criminal offense.

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

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.

However, if it can be clearly proven that a person or corporation in Idaho Falls, Idaho willfully attempted to conceal income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Idaho Falls, Idaho Tax Evasion Lawyer Can Help

Tax lawyers in Idaho Falls, Idaho can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

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