Tax Evasion Lawyers in Woodson Terrace

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 Woodson Terrace, 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 utilizing 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 commitments to pay taxes.

Penalties for Tax Evasion in Woodson Terrace, Missouri

Both federal law and the law of Missouri treat tax evasion as a severe criminal offense.

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

In most cases, especially 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 intentional.

But if the government is able to definitively show that a defendant in Woodson Terrace, Missouri intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.

A Woodson Terrace, Missouri Tax Evasion Lawyer Can Help

An attorney in Woodson Terrace, Missouri specializing in tax law can help you adhere 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.

However, if you're really accused of tax evasion, you will need a Woodson Terrace, Missouri tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.