Tax Evasion Lawyers in Fulton

Tax Evasion in Missouri is a criminal act in which someone knowingly fails to pay their taxes.

Typically, tax evasion is accompanied by an attempt to make it appear to the government of Fulton, Missouri that one's tax liability is lower than it actually is. This can include concealing income, making fraudulent transfers of property, and other illegal activities.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of knowingly attempting to get out of one's tax liability through illegal means. Tax avoidance is perfectly legal, and involves using legal strategies (such as taking advantage of deductions and tax credits) to reduce one's legal tax liability. However, someone engaging in tax avoidance typically intends to pay whatever they end up owing, even as they try to reduce the amount they owe.

Penalties for Tax Evasion in Fulton, Missouri

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

Punishments for evading one's taxes in Fulton 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.

Typically, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Fulton, Missouri knowingly 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 Fulton, Missouri Tax Evasion Lawyer Can Help

Tax lawyers in Fulton, Missouri can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

In the unfortunate event that you're actually charged with tax evasion, it's critical that you hire a qualified tax attorney in Fulton, Missouri. 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.