Tax Evasion Lawyers in Desoto County

Tax Evasion in Mississippi 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 Desoto 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 Desoto County, Mississippi

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

Tax evaders in Desoto 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.

In most cases, particularly 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 deliberate.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Desoto County, Mississippi committed deliberate fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Desoto County, Mississippi Tax Evasion Lawyer Can Help

Tax lawyers in Desoto 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 really accused of tax evasion, you will need a Desoto 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.