Tax Evasion Lawyers in Northborough

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

Most commonly, people who try to evade their taxes in Northborough, Massachusetts will take steps to hide 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 unlawful 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 Northborough, Massachusetts

The federal government and the laws of Massachusetts impose grave penalties for tax evasion - treating it as an extremely serious crime.

Tax evaders in Northborough can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties available, with the ones just mentioned representing the most severe options available.

Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was willful, as opposed to an honest mistake.

However, if it can be clearly proven that a person or corporation in Northborough, Massachusetts intentionally attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Northborough, Massachusetts Tax Evasion Lawyer Can Help

Tax lawyers in Northborough, Massachusetts can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.

In the unfortunate event that you're really charged with tax evasion, it's essential that you hire a reliable tax attorney in Northborough, 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.