Tax Evasion Lawyers in North Wilkesboro

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

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

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

Penalties for Tax Evasion in North Wilkesboro, 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 North Wilkesboro can range anywhere from small penalties to huge penalties, along with prison sentences of several years.

Typically, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of willful evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in North Wilkesboro, North Carolina 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 North Wilkesboro, North Carolina Tax Evasion Lawyer Can Help

An attorney in North Wilkesboro, North Carolina specializing in tax law can help you adhere 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 actually charges you with tax evasion, it cannot be stressed enough that you need the assistance of a reputable North Wilkesboro, North Carolina 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.