Tax Evasion Lawyers in Norfolk

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

One of the most common common tactics of tax evaders in Norfolk, Nebraska 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.

You may also be familiar with the term "tax avoidance." It is critical that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.

Penalties for Tax Evasion in Norfolk, Nebraska

Under the laws of Nebraska, as well as federal law, tax evasion is a very serious criminal offense.

In Norfolk, 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 the majority of tax evasion cases, however, the punishments are not so severe. This is especially likely in first offenses, when the amount of money involved is fairly small. Minor punishments for tax evasion typically mean a small fine, on top of an order to pay whatever taxes the taxpayer owes. A minor punishment is most likely when the government has trouble proving that fraud was involved, as opposed to an honest accounting error.

On the other hand, if the prosecution can prove that a Norfolk, Nebraska taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Norfolk, Nebraska Tax Evasion Lawyer Can Help

An attorney in Norfolk, Nebraska 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.

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