Tax Evasion Lawyers in Ferndale

Within Michigan "tax evasion" is the crime of failing to pay the taxes that they owe.

Most frequently, people who try to evade their taxes in Ferndale, Michigan will take steps to harbor their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You may also be acquainted with the term "tax avoidance." It is essential that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.

Penalties for Tax Evasion in Ferndale, Michigan

The federal government and the laws of Michigan impose grave penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Ferndale range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties 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 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.

However, if it can be clearly proven that a person or corporation in Ferndale, Michigan intentionally attempted to harbor 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 Ferndale, Michigan Tax Evasion Lawyer Can Help

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

Of course, if you've truly been accused of tax evasion, you should hire a Ferndale, Michigan tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.