Tax Evasion Lawyers in Rahway

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

Most commonly, people who try to evade their taxes in Rahway, New Jersey will take steps to hide 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 unlawful 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 Rahway, New Jersey

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

Tax evaders in Rahway 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 normally be fairly mild. It will normally 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 purposeful.

But, if the government can prove that a defendant in Rahway, New Jersey intentionally 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 Rahway, New Jersey Tax Evasion Lawyer Can Help

Tax lawyers in Rahway, 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 really charged with tax evasion, it's essential that you hire a reliable tax attorney in Rahway, 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.