Tax Evasion Lawyers in Hazlehurst
Tax Evasion in Mississippi is a criminal act in which someone willfully fails to pay their taxes.
Typically, tax evasion is accompanied by an attempt to make it appear to the government of Hazlehurst, 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 Hazlehurst, Mississippi
The federal government and the laws of Mississippi impose severe penalties for tax evasion - treating it as an extremely serious crime.
In Hazlehurst, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.
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.
On the other hand, if the prosecution can prove that a Hazlehurst, 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 Hazlehurst, Mississippi Tax Evasion Lawyer Can Help
Tax lawyers in Hazlehurst, 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 Hazlehurst, 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.