Tax Evasion Lawyers in Coahoma County

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 Coahoma County, 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 Coahoma County, Mississippi

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

Tax evaders in Coahoma County 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.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not usually so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

On the other hand, if the prosecution can prove that a Coahoma County, 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 Coahoma County, Mississippi Tax Evasion Lawyer Can Help

Tax lawyers in Coahoma County, Mississippi can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

However, if you're actually accused of tax evasion, you will need a Coahoma County, Mississippi 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.