Tax Evasion Lawyers in Hampton

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

One of the most common common tactics of tax evaders in Hampton, New Hampshire 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 acquainted with the term "tax avoidance." It is essential 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 Hampton, New Hampshire

The federal government and the laws of New Hampshire impose grave penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Hampton range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.

Typically, 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 prove that a defendant in Hampton, 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 Hampton, New Hampshire Tax Evasion Lawyer Can Help

An attorney in Hampton, New Hampshire specializing in tax law can help you adhere 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 Hampton, New Hampshire 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.