Tax Evasion Lawyers in Abington
In Massachusetts "tax evasion" is the crime of failing to pay the taxes that they owe.
Most often, people who try to evade their taxes in Abington, Massachusetts will take steps to conceal their assets and income, or transferring their property to other legal entities in a fraudulent manner.
"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the illegal act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves using the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Abington, Massachusetts
Both federal law and the law of Massachusetts treat tax evasion as a serious criminal offense.
The penalties for tax evasion in Abington 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 purposeful evasion, as opposed to an honest error in accounting.
On the other hand, if the prosecution can prove that an Abington, Massachusetts 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 Abington, Massachusetts Tax Evasion Lawyer Can Help
Tax lawyers in Abington, Massachusetts can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
Of course, if you've actually been accused of tax evasion, you should contact an Abington, Massachusetts tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.