Tax Evasion Lawyers in Brandon

Tax Evasion in Mississippi is a criminal act in which someone intentionally fails to pay their taxes.

Typically, tax evasion is accompanied by an attempt to make it appear to the government of Brandon, Mississippi 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 Brandon, Mississippi

Both federal law and the law of Mississippi treat tax evasion as a serious criminal offense.

Tax evaders in Brandon 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.

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 deliberate evasion, as opposed to an honest error in accounting.

On the other hand, if the prosecution can prove that a Brandon, Mississippi taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Brandon, Mississippi Tax Evasion Lawyer Can Help

A Brandon, Mississippi 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 actually charged with tax evasion, it's essential that you hire a qualified tax attorney in Brandon, Mississippi. 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.