Tax Evasion Lawyers in Weldon Spring
Tax Evasion in Missouri is a criminal act in which someone deliberately fails to pay their taxes.
Typically, tax evasion is accompanied by an attempt to make it appear to the government of Weldon Spring, 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.
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 Weldon Spring, Missouri
Both federal law and the law of Missouri treat tax evasion as a serious criminal offense.
The penalties for tax evasion in Weldon Spring can range anywhere from small fines to huge fines, along with prison sentences of several years.
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 purposeful evasion, as opposed to an honest error in accounting.
But, if the government can prove that a defendant in Weldon Spring, Missouri deliberately 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 Weldon Spring, Missouri Tax Evasion Lawyer Can Help
Tax lawyers in Weldon Spring, 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 Weldon Spring, 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.