Tax Evasion Lawyers in Mattoon
Within Illinois "tax evasion" is the crime of failing to pay the taxes that they owe.
Normally, tax evasion is accompanied by an attempt to make it appear to the government of Mattoon, Illinois that one's tax liability is lower than it actually is. This can include concealing income, making fraudulent transfers of property, and other illegal activities.
You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves utilizing legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.
Penalties for Tax Evasion in Mattoon, Illinois
The laws of the federal government, as well as Illinois take tax evasion quite seriously, making it a crime.
Tax evaders in Mattoon 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.
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 Mattoon, Illinois deliberately 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 Mattoon, Illinois Tax Evasion Lawyer Can Help
Tax lawyers in Mattoon, 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 Mattoon, 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.