Tax Evasion Lawyers in Allendale

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

One of the most common common tactics of tax evaders in Allendale, New Jersey 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 familiar with the term "tax avoidance." It is critical 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 Allendale, New Jersey

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

In Allendale, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not usually so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

On the other hand, if the prosecution can prove that an Allendale, New Jersey taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Allendale, New Jersey Tax Evasion Lawyer Can Help

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

In the unfortunate event that you're actually charged with tax evasion, it's critical that you hire a qualified tax attorney in Allendale, New Jersey. 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.