Tax Evasion Lawyers in Westfield

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

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

Under federal and state law, including the laws of New Jersey, tax evasion is a very significant crime.

The penalties for tax evasion in Westfield 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 can prove that a defendant in Westfield, 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 Westfield, New Jersey Tax Evasion Lawyer Can Help

A tax attorney in Westfield, 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 challenging 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 essential that you hire a qualified tax attorney in Westfield, 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.