Tax Evasion Lawyers in Hartford County
Within Maryland "tax evasion" is the crime of failing to pay the taxes that they owe.
Most often, people who try to evade their taxes in Hartford County, Maryland will take steps to conceal 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 Hartford County, Maryland
Under the laws of Maryland, as well as federal law, tax evasion is a very significant criminal offense.
Tax evaders in Hartford County 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.
However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not usually so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.
However, if it can be clearly proven that a person or corporation in Hartford County, Maryland deliberately attempted to conceal income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.
A Hartford County, Maryland Tax Evasion Lawyer Can Help
Tax lawyers in Hartford County, Maryland 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 Hartford County, Maryland. 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.