Tax Evasion Lawyers in Neosho

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 Neosho, 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 Neosho, Missouri

The laws of the federal government, as well as Missouri take tax evasion very seriously, making it a crime.

Tax evaders in Neosho can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.

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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was deliberate, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Neosho, Missouri committed deliberate fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Neosho, Missouri Tax Evasion Lawyer Can Help

Tax lawyers in Neosho, Missouri 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 actually accused of tax evasion, and are innocent, you should hire a Neosho, Missouri 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.