Tax Evasion Lawyers in Williamstown

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 Williamstown, 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 Williamstown, Massachusetts

Under federal and state law, including the laws of Massachusetts, tax evasion is a very severe crime.

Punishments for evading one's taxes in Williamstown range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and fines in the hundreds of thousands of dollars.

Typically, 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.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Williamstown, Massachusetts committed purposeful fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Williamstown, Massachusetts Tax Evasion Lawyer Can Help

A Williamstown, Massachusetts attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

If you find yourself actually accused of tax evasion, and are innocent, you should hire a Williamstown, 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.