Tax Evasion Lawyers in Carterville

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

There are a few strategies that tax evaders use in Carterville, 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 variety 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 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 Carterville, Illinois

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

Tax evaders in Carterville can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not typically 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 Carterville, Illinois deliberately attempted to harbor 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 Carterville, Illinois Tax Evasion Lawyer Can Help

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

If you find yourself truly accused of tax evasion, and are innocent, you should hire a Carterville, Illinois attorney with experience practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.