Tax Evasion Lawyers in Westborough
Within 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 Westborough, 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 utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Westborough, Massachusetts
Under federal and state law, including the laws of Massachusetts, tax evasion is a very significant crime.
The penalties for tax evasion in Westborough can range anywhere from small penalties to huge penalties, along with prison sentences of several years.
In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will usually be fairly mild. It will usually result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was willful.
But, if the government can prove that a defendant in Westborough, Massachusetts deliberately 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 Westborough, Massachusetts Tax Evasion Lawyer Can Help
Tax lawyers in Westborough, 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 actually charged with tax evasion, it's imperative that you hire a qualified tax attorney in Westborough, 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.