Tax Evasion Lawyers in Stratham

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

One of the most common frequent tactics of tax evaders in Stratham, 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 crucial 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 Stratham, New Hampshire

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

In Stratham, 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.

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 usually 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 show that a Stratham, New Hampshire taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's authorized by law. This can easily involve jail time.

A Stratham, New Hampshire Tax Evasion Lawyer Can Help

A Stratham, New Hampshire attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

In the unfortunate event that you're really charged with tax evasion, it's crucial that you hire a reliable tax attorney in Stratham, 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.