Tax Evasion Lawyers in Sudbury
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 Sudbury, 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 Sudbury, Massachusetts
Under federal and state law, including the laws of Massachusetts, tax evasion is a very serious crime.
The penalties for tax evasion in Sudbury can range anywhere from small fines to huge fines, along with prison sentences of several years.
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 deliberate evasion, as opposed to an honest error in accounting.
But, if the government can prove that a defendant in Sudbury, Massachusetts intentionally 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 Sudbury, Massachusetts Tax Evasion Lawyer Can Help
An attorney in Sudbury, 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.
However, if you're truly accused of tax evasion, you will need a Sudbury, Massachusetts tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.