Tax Evasion Lawyers in Oak Grove

In Kentucky "tax evasion" is the crime of failing to pay the taxes that they owe.

Usually, the strategy employed by tax evaders in Oak Grove, Kentucky is to try and make it look like they have less taxable income than they actually do. This can be done by failing to report income, concealing it, or fraudulently transferring property.

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 Oak Grove, Kentucky

Under federal and state law, including the laws of Kentucky, tax evasion is a very severe crime.

In Oak Grove, tax evasion can result in anything from a relatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.

In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally 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 purposeful.

But, if the government can prove that a defendant in Oak Grove, Kentucky 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 Oak Grove, Kentucky Tax Evasion Lawyer Can Help

A tax attorney in Oak Grove, Kentucky can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine clearly what one's tax liability is, and a tax attorney can help.

In the unfortunate event that you're really charged with tax evasion, it's essential that you hire a reliable tax attorney in Oak Grove, Kentucky. 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.