Tax Evasion Lawyers in Oak Ridge

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

One of the most common common tactics of tax evaders in Oak Ridge, 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 Oak Ridge, 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 Oak Ridge 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 intentional evasion, as opposed to an honest error in accounting.

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

Tax lawyers in Oak Ridge, North Carolina can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.

If you find yourself actually accused of tax evasion, and are innocent, you should hire an Oak Ridge, North Carolina attorney with expertise practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.