Tax Evasion Lawyers in Roxboro

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

One of the most common common tactics of tax evaders in Roxboro, 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 Roxboro, 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 Roxboro 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.

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 purposeful, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Roxboro, North Carolina committed purposeful fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Roxboro, North Carolina Tax Evasion Lawyer Can Help

A tax attorney in Roxboro, North Carolina can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine exactly what one's tax liability is, and a tax attorney can help.

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