Tax Evasion Lawyers in Baldwinsville

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

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

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

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

Normally, 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 intentional evasion, as opposed to an honest error in accounting.

On the other hand, if the prosecution can establish that a Baldwinsville, New York taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.

A Baldwinsville, New York Tax Evasion Lawyer Can Help

A Baldwinsville, New York attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.

However, if you're truly accused of tax evasion, you will need a Baldwinsville, New York 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.