Tax Evasion Lawyers in Caddo Parish
Within Louisiana "tax evasion" is the crime of failing to pay the taxes that they owe.
Typically, the strategy employed by tax evaders in Caddo Parish, Louisiana 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.
You may also be acquainted with the term "tax avoidance." It is important 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 Caddo Parish, Louisiana
Under the laws of Louisiana, as well as federal law, tax evasion is a very egregious criminal offense.
Punishments for evading one's taxes in Caddo Parish range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.
However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not usually so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.
But if the government is able to definitively prove that a defendant in Caddo Parish, Louisiana intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.
A Caddo Parish, Louisiana Tax Evasion Lawyer Can Help
A Caddo Parish, Louisiana attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.
If you find yourself actually accused of tax evasion, and are innocent, you should hire a Caddo Parish, Louisiana attorney with expertise 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.