Tax Evasion Lawyers in Hudson

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

One of the most common frequent tactics of tax evaders in Hudson, 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 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 Hudson, 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 Hudson 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.

Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was intentional, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Hudson, New Hampshire committed intentional 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 Hudson, New Hampshire Tax Evasion Lawyer Can Help

A tax attorney in Hudson, New Hampshire can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's challenging to determine clearly what one's tax liability is, and a tax attorney can help.

Of course, if you've really been accused of tax evasion, you should retain a Hudson, New Hampshire tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.