Tax Evasion Lawyers in Greenbelt

Within 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 Greenbelt, Maryland will take steps to harbor their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves utilizing legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.

Penalties for Tax Evasion in Greenbelt, Maryland

Under the laws of Maryland, as well as federal law, tax evasion is a very significant criminal offense.

Tax evaders in Greenbelt can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties available, with the ones just mentioned representing the most severe options available.

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

On the other hand, if the prosecution can establish that a Greenbelt, Maryland taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.

A Greenbelt, Maryland Tax Evasion Lawyer Can Help

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

However, if you're truly accused of tax evasion, you will need a Greenbelt, Maryland 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.