Tax Evasion Lawyers in Mantua

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

Most often, people who try to evade their taxes in Mantua, 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 Mantua, New Jersey

The federal government and the laws of New Jersey impose severe penalties for tax evasion - treating it as an extremely serious crime.

In Mantua, 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.

Typically, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of purposeful evasion, as opposed to an honest error in accounting.

On the other hand, if the prosecution can prove that a Mantua, 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 Mantua, New Jersey Tax Evasion Lawyer Can Help

Tax lawyers in Mantua, New Jersey can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.

In the unfortunate event that you're actually charged with tax evasion, it's important that you hire a qualified tax attorney in Mantua, 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.