Tax Evasion Lawyers in Leonia

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

Most often, people who try to evade their taxes in Leonia, 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 using the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Leonia, New Jersey

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

Tax evaders in Leonia can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.

In most cases, particularly 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 deliberate.

But, if the government can prove that a defendant in Leonia, New Jersey deliberately concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Leonia, New Jersey Tax Evasion Lawyer Can Help

A tax attorney in Leonia, 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 imperative that you hire a qualified tax attorney in Leonia, 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.