Tax Evasion Lawyers in Salisbury

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

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

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the unlawful 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 Salisbury, North Carolina

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

Tax evaders in Salisbury 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 willful, as opposed to an honest mistake.

On the other hand, if the prosecution can show that a Salisbury, North Carolina taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's authorized by law. This can easily involve jail time.

A Salisbury, North Carolina Tax Evasion Lawyer Can Help

A tax attorney in Salisbury, 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 challenging to determine clearly what one's tax liability is, and a tax attorney can help.

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