Tax Evasion Lawyers in Freeburg

"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 Freeburg, 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 Freeburg, Illinois

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

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

In most cases, especially 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 willful.

But, if the government can prove that a defendant in Freeburg, 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 Freeburg, Illinois Tax Evasion Lawyer Can Help

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

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