Tax Evasion Lawyers in Rutherfordton

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 Rutherfordton, 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 Rutherfordton, 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 Rutherfordton can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties 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 particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was intentional, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Rutherfordton, North Carolina committed intentional 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 Rutherfordton, North Carolina Tax Evasion Lawyer Can Help

Tax lawyers in Rutherfordton, 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.

However, if you're actually accused of tax evasion, you will need a Rutherfordton, North Carolina tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.