Tax Evasion Lawyers in Big Lake

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

There are a few strategies that tax evaders use in Big Lake, Minnesota. One of the most frequent tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide variety of ways to hide income for the purpose of evading one's tax liability, but all of them are illegal.

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 using 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 Big Lake, Minnesota

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

Punishments for evading one's taxes in Big Lake 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.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not normally so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

But, if the government can prove that a defendant in Big Lake, Minnesota intentionally concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Big Lake, Minnesota Tax Evasion Lawyer Can Help

Tax lawyers in Big Lake, Minnesota 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 really accused of tax evasion, and are innocent, you should hire a Big Lake, Minnesota 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.