Tax Evasion Lawyers in Lincoln Park
Within Michigan "tax evasion" is the crime of failing to pay the taxes that they owe.
There are a few strategies that tax evaders use in Lincoln Park, Michigan. One of the most common tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide number of ways to conceal income for the purpose of evading one's tax liability, but all of them are illegal.
"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 utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Lincoln Park, Michigan
The federal government and the laws of Michigan impose grave penalties for tax evasion - treating it as an extremely serious crime.
In Lincoln Park, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.
Typically, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of willful evasion, as opposed to an honest error in accounting.
On the other hand, if the prosecution can prove that a Lincoln Park, Michigan taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's allowed by law. This can easily involve jail time.
A Lincoln Park, Michigan Tax Evasion Lawyer Can Help
An attorney in Lincoln Park, Michigan specializing in tax law can help you adhere with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
Of course, if you've actually been accused of tax evasion, you should contact a Lincoln Park, Michigan tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.