Tax Evasion Lawyers in Waveland
Tax Evasion in Mississippi is a criminal act in which someone purposely fails to pay their taxes.
Normally, tax evasion is accompanied by an attempt to make it appear to the government of Waveland, 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 Waveland, Mississippi
Under federal and state law, including the laws of Mississippi, tax evasion is a very severe crime.
The penalties for tax evasion in Waveland can range anywhere from small fines to huge fines, along with prison sentences of several years.
Normally, 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.
But, if the government can prove that a defendant in Waveland, Mississippi purposely concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.
A Waveland, Mississippi Tax Evasion Lawyer Can Help
An attorney in Waveland, Mississippi specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
If the government truly charges you with tax evasion, it cannot be stressed enough that you need the assistance of a knowledgeable Waveland, Mississippi tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.