Tax Evasion Lawyers in Mint Hill

Tax Evasion in North Carolina is a criminal act in which someone willfully fails to pay their taxes.

One of the most common frequent tactics of tax evaders in Mint Hill, North Carolina is to attempt to make it appear to an outside observer that their tax liability is lower than it really is, such as by concealing income, fraudulently transferring property, and others.

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the unlawful act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves using the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Mint Hill, North Carolina

The laws of the federal government, as well as North Carolina take tax evasion extremely seriously, making it a crime.

In Mint Hill, 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.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not normally so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

However, if it can be clearly proven that a person or corporation in Mint Hill, North Carolina willfully attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Mint Hill, North Carolina Tax Evasion Lawyer Can Help

Tax lawyers in Mint Hill, 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.

Of course, if you've really been accused of tax evasion, you should retain a Mint Hill, North Carolina tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.