Tax Evasion Lawyers in Fairhaven
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 Fairhaven, 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 Fairhaven, Massachusetts
Both federal law and the law of Massachusetts treat tax evasion as a serious criminal offense.
Tax evaders in Fairhaven can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.
However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not usually so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.
But, if the government can prove that a defendant in Fairhaven, Massachusetts willfully 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 Fairhaven, Massachusetts Tax Evasion Lawyer Can Help
Tax lawyers in Fairhaven, Massachusetts can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
If you find yourself actually accused of tax evasion, and are innocent, you should hire a Fairhaven, Massachusetts attorney with experience 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.