Tax Evasion Lawyers in Washoe County

Tax Evasion in Nevada is a criminal act in which someone purposely fails to pay their taxes.

Most often, people who try to evade their taxes in Washoe County, Nevada will take steps to conceal their assets and income, or transferring their property to other legal entities in a fraudulent manner.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of purposely attempting to get out of one's tax liability through illegal means. Tax avoidance is perfectly legal, and involves utilizing legal strategies (such as taking advantage of deductions and tax credits) to reduce one's legal tax liability. However, someone engaging in tax avoidance typically intends to pay whatever they end up owing, even as they try to reduce the amount they owe.

Penalties for Tax Evasion in Washoe County, Nevada

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

In Washoe County, tax evasion can result in anything from a comparatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.

Most often, tax evasion - if it's a first offense and the tax liability is small - will not be cause for huge fines or imprisonment. This is particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was willful, as opposed to an honest mistake.

However, if the relevant tax authorities are able to demonstrate that a taxpayer in Washoe County, Nevada committed willful 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 Washoe County, Nevada Tax Evasion Lawyer Can Help

A tax attorney in Washoe County, Nevada 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.

Of course, if you've actually been accused of tax evasion, you should contact a Washoe County, Nevada tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.