Tax Evasion Lawyers in Reidsville

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

One of the most common common tactics of tax evaders in Reidsville, 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 using the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Reidsville, North Carolina

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

Tax evaders in Reidsville can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.

Typically, 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 Reidsville, North Carolina willfully 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 Reidsville, North Carolina Tax Evasion Lawyer Can Help

Tax lawyers in Reidsville, 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 important that you hire a qualified tax attorney in Reidsville, 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.