Tax Evasion Lawyers in Lawrenceburg
In Indiana "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 Lawrenceburg, Indiana 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 may also be familiar with the term "tax avoidance." It is essential that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.
Penalties for Tax Evasion in Lawrenceburg, Indiana
Both federal law and the law of Indiana treat tax evasion as a significant criminal offense.
The penalties for tax evasion in Lawrenceburg can range anywhere from small fines to huge fines, along with prison sentences of several years.
Normally, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.
But if the government is able to definitively establish that a defendant in Lawrenceburg, Indiana intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.
A Lawrenceburg, Indiana Tax Evasion Lawyer Can Help
An attorney in Lawrenceburg, Indiana specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
If you find yourself truly accused of tax evasion, and are innocent, you should hire a Lawrenceburg, Indiana 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.