Tax Evasion Lawyers in Salem
In 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 Salem, 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 using the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Salem, Massachusetts
Under federal and state law, including the laws of Massachusetts, tax evasion is a very severe crime.
In Salem, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.
Normally, 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 establish that a Salem, Massachusetts taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's permitted by law. This can easily involve jail time.
A Salem, Massachusetts Tax Evasion Lawyer Can Help
An attorney in Salem, Massachusetts specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
Of course, if you've truly been accused of tax evasion, you should hire a Salem, Massachusetts tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.