Tax Evasion Lawyers in Annapolis

In Maryland "tax evasion" is the crime of failing to pay the taxes that they owe.

Most frequently, people who try to evade their taxes in Annapolis, Maryland 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 Annapolis, Maryland

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

Punishments for evading one's taxes in Annapolis 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.

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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Annapolis, Maryland 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 Annapolis, Maryland Tax Evasion Lawyer Can Help

Tax lawyers in Annapolis, Maryland can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

If you find yourself truly accused of tax evasion, and are innocent, you should hire an Annapolis, Maryland 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.