Tax Evasion Lawyers in Shrewsbury

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

Usually, tax evasion is accompanied by an attempt to make it appear to the government of Shrewsbury, 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 deliberately 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 Shrewsbury, Missouri

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

Punishments for evading one's taxes in Shrewsbury 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.

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 it can be clearly proven that a person or corporation in Shrewsbury, Missouri deliberately 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 Shrewsbury, Missouri Tax Evasion Lawyer Can Help

An attorney in Shrewsbury, Missouri specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.

Of course, if you've really been accused of tax evasion, you should retain a Shrewsbury, Missouri tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.