Tax Evasion Lawyers in Tarboro

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

One of the most common common tactics of tax evaders in Tarboro, 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 Tarboro, North Carolina

Under federal and state law, including the laws of North Carolina, tax evasion is a very serious crime.

In Tarboro, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.

In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will usually be fairly mild. It will usually result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was deliberate.

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

Tax lawyers in Tarboro, 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.

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