Tax Evasion Lawyers in Vicksburg
Tax Evasion in Mississippi is a criminal act in which someone willfully fails to pay their taxes.
Normally, tax evasion is accompanied by an attempt to make it appear to the government of Vicksburg, 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 Vicksburg, Mississippi
Under federal and state law, including the laws of Mississippi, tax evasion is a very severe crime.
In Vicksburg, 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.
In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically 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 purposeful.
But if the government is able to definitively establish that a defendant in Vicksburg, Mississippi intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.
A Vicksburg, Mississippi Tax Evasion Lawyer Can Help
A tax attorney in Vicksburg, Mississippi can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine precisely what one's tax liability is, and a tax attorney can help.
In the unfortunate event that you're truly charged with tax evasion, it's important that you hire a knowledgeable tax attorney in Vicksburg, 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.