Tax Evasion Lawyers in Taylorville

In 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 Taylorville, 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.

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 Taylorville, Illinois

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

Tax evaders in Taylorville 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.

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

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

In the unfortunate event that you're truly charged with tax evasion, it's essential that you hire a knowledgeable tax attorney in Taylorville, Illinois. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.