Tax Evasion Lawyers in Winslow

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 Winslow, 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 Winslow, New Jersey

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

Punishments for evading one's taxes in Winslow range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.

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

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

An attorney in Winslow, New Jersey specializing in tax law can help you adhere with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.

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