Tax Evasion Lawyers in Rock Hill

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

Usually, tax evasion is accompanied by an attempt to make it appear to the government of Rock Hill, 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 unlawful 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 Rock Hill, Missouri

Under federal and state law, including the laws of Missouri, tax evasion is a very severe crime.

The penalties for tax evasion in Rock Hill can range anywhere from small fines to huge fines, along with prison sentences of several years.

In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was purposeful.

However, if it can be clearly proven that a person or corporation in Rock Hill, Missouri knowingly attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Rock Hill, Missouri Tax Evasion Lawyer Can Help

A Rock Hill, Missouri 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 really charged with tax evasion, it's critical that you hire a reliable tax attorney in Rock Hill, 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.