Tax Evasion Lawyers in Mercer County

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 Mercer County, 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 Mercer County, 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 Mercer County, 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.

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.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Mercer County, New Jersey committed deliberate fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Mercer County, New Jersey Tax Evasion Lawyer Can Help

Tax lawyers in Mercer County, 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.

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