Tax Evasion Lawyers in Newmarket

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 Newmarket, 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 familiar 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 Newmarket, New Hampshire

The laws of the federal government, as well as New Hampshire take tax evasion extremely seriously, making it a crime.

In Newmarket, tax evasion can result in anything from a relatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.

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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.

But if the government is able to definitively show that a defendant in Newmarket, New Hampshire intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.

A Newmarket, New Hampshire Tax Evasion Lawyer Can Help

An attorney in Newmarket, New Hampshire 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.

If you find yourself really accused of tax evasion, and are innocent, you should hire a Newmarket, New Hampshire attorney with experience practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.