Tax Evasion Lawyers in Bellwood

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

There are a few strategies that tax evaders use in Bellwood, Illinois. One of the most typical tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide number of ways to harbor 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 utilizing 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 commitments to pay taxes.

Penalties for Tax Evasion in Bellwood, Illinois

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

The penalties for tax evasion in Bellwood can range anywhere from small penalties to huge penalties, along with prison sentences of several years.

Normally, 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 willful evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Bellwood, Illinois intentionally concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Bellwood, Illinois Tax Evasion Lawyer Can Help

Attorneys in Bellwood, Illinois 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.

However, if you're truly accused of tax evasion, you will need a Bellwood, Illinois 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.