Tax Evasion Lawyers in Denville

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

Most often, people who try to evade their taxes in Denville, New Jersey will take steps to conceal their assets and income, or transferring their property to other legal entities in a fraudulent manner.

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the illegal act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Denville, New Jersey

Both federal law and the law of New Jersey treat tax evasion as a serious criminal offense.

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

In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will usually be fairly mild. It will usually result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was willful.

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

A Denville, New Jersey Tax Evasion Lawyer Can Help

A Denville, New Jersey attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.

However, if you're actually accused of tax evasion, you will need a Denville, 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.