Tax Evasion Lawyers in Wake County

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

One of the most common frequent tactics of tax evaders in Wake County, 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 Wake County, North Carolina

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

The penalties for tax evasion in Wake County can range anywhere from small penalties to huge penalties, along with prison sentences of several years.

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 Wake County, 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 Wake County, North Carolina Tax Evasion Lawyer Can Help

Tax lawyers in Wake County, 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 really accused of tax evasion, you will need a Wake County, 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.