Tax Evasion Lawyers in Willingboro

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

Most frequently, people who try to evade their taxes in Willingboro, New Jersey will take steps to harbor 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 prohibited 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 Willingboro, New Jersey

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

The penalties for tax evasion in Willingboro can range anywhere from small fines to huge fines, along with prison sentences of several years.

In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically 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 is able to definitively establish that a defendant in Willingboro, New Jersey intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.

A Willingboro, New Jersey Tax Evasion Lawyer Can Help

A Willingboro, New Jersey attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

If you find yourself truly accused of tax evasion, and are innocent, you should hire a Willingboro, New Jersey attorney with experience practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.