Tax Evasion Lawyers in Conway
Tax Evasion in New Hampshire is a criminal act in which someone willfully fails to pay their taxes.
One of the most common frequent tactics of tax evaders in Conway, New Hampshire 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.
You may also be acquainted with the term "tax avoidance." It is necessary 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 Conway, New Hampshire
The federal government and the laws of New Hampshire impose grave penalties for tax evasion - treating it as an extremely serious crime.
In Conway, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.
Usually, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of willful evasion, as opposed to an honest error in accounting.
But if the government is able to definitively show that a defendant in Conway, New Hampshire intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.
A Conway, New Hampshire Tax Evasion Lawyer Can Help
Attorneys in Conway, New Hampshire who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.
In the unfortunate event that you're really charged with tax evasion, it's important that you hire a reliable tax attorney in Conway, New Hampshire. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.