Tax Evasion Lawyers in Northfield

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 Northfield, Minnesota. 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 variety of ways to conceal income for the purpose of evading one's tax liability, but all of them are illegal.

It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves using legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal obligations to pay taxes.

Penalties for Tax Evasion in Northfield, Minnesota

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

In Northfield, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.

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

On the other hand, if the prosecution can prove that a Northfield, Minnesota taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Northfield, Minnesota Tax Evasion Lawyer Can Help

A Northfield, Minnesota attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

In the unfortunate event that you're actually charged with tax evasion, it's essential that you hire a qualified tax attorney in Northfield, Minnesota. 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.