Tax Evasion Lawyers in Franklin

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

Typically, the strategy employed by tax evaders in Franklin, 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 familiar 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 Franklin, Louisiana

Both federal law and the law of Louisiana treat tax evasion as a serious criminal offense.

The penalties for tax evasion in Franklin can range anywhere from small fines to huge fines, along with prison sentences of several years.

Typically, 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.

On the other hand, if the prosecution can prove that a Franklin, Louisiana taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Franklin, Louisiana Tax Evasion Lawyer Can Help

A Franklin, Louisiana attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

In the unfortunate event that you're actually charged with tax evasion, it's imperative that you hire a qualified tax attorney in Franklin, Louisiana. 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.