Tax Evasion Lawyers in Forsyth County
Tax Evasion in North Carolina 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 Forsyth County, North Carolina 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.
You may also be familiar with the term "tax avoidance." It is essential that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.
Penalties for Tax Evasion in Forsyth County, North Carolina
The laws of the federal government, as well as North Carolina take tax evasion very seriously, making it a crime.
The penalties for tax evasion in Forsyth County can range anywhere from small fines to huge fines, along with prison sentences of several years.
Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was deliberate, as opposed to an honest mistake.
On the other hand, if the prosecution can prove that a Forsyth County, North Carolina 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 Forsyth County, North Carolina Tax Evasion Lawyer Can Help
Tax lawyers in Forsyth County, North Carolina can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
In the unfortunate event that you're actually charged with tax evasion, it's essential that you hire a qualified tax attorney in Forsyth County, North Carolina. 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.