Tax Evasion Lawyers in Weddington

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

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

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

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

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.

But, if the government can prove that a defendant in Weddington, North Carolina intentionally concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Weddington, North Carolina Tax Evasion Lawyer Can Help

An attorney in Weddington, North Carolina specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.

However, if you're actually accused of tax evasion, you will need a Weddington, 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.