Tax Evasion Lawyers in West Fargo
Tax Evasion in North Dakota is a criminal act in which someone intentionally fails to pay their taxes.
One of the most common common tactics of tax evaders in West Fargo, North Dakota 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.
It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves using legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal obligations to pay taxes.
Penalties for Tax Evasion in West Fargo, North Dakota
The federal government and the laws of North Dakota impose severe penalties for tax evasion - treating it as an extremely serious crime.
In West Fargo, 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 West Fargo, North Dakota 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 West Fargo, North Dakota Tax Evasion Lawyer Can Help
A tax attorney in West Fargo, North Dakota can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine exactly what one's tax liability is, and a tax attorney can help.
If the government actually charges you with tax evasion, it cannot be stressed enough that you need the assistance of a good West Fargo, North Dakota tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.