Tax Evasion Lawyers in Berkeley Heights

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

One of the most common prevalent tactics of tax evaders in Berkeley Heights, New Jersey is to attempt to make it appear to an outside observer that their tax liability is lower than it truly is, such as by concealing income, fraudulently transferring property, and others.

You may also be acquainted 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 Berkeley Heights, New Jersey

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

The penalties for tax evasion in Berkeley Heights can range anywhere from small penalties to huge penalties, along with prison sentences of several years.

Normally, 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.

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

A Berkeley Heights, New Jersey Tax Evasion Lawyer Can Help

An attorney in Berkeley Heights, New Jersey 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 truly accused of tax evasion, you will need a Berkeley Heights, New Jersey 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.