Tax Evasion Lawyers in Boxborough

Within Massachusetts "tax evasion" is the crime of failing to pay the taxes that they owe.

Most frequently, people who try to evade their taxes in Boxborough, Massachusetts will take steps to harbor 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 prohibited act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Boxborough, Massachusetts

Both federal law and the law of Massachusetts treat tax evasion as a significant criminal offense.

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

In the majority of tax evasion cases, however, the punishments are not so severe. This is particularly likely in first offenses, when the amount of money involved is fairly small. Minor punishments for tax evasion normally mean a small fine, on top of an order to pay whatever taxes the taxpayer owes. A minor punishment is most likely when the government has trouble proving that fraud was involved, as opposed to an honest accounting error.

On the other hand, if the prosecution can establish that a Boxborough, Massachusetts taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.

A Boxborough, Massachusetts Tax Evasion Lawyer Can Help

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

In the unfortunate event that you're truly charged with tax evasion, it's important that you hire a knowledgeable tax attorney in Boxborough, Massachusetts. 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.