Tax Evasion Lawyers in Croton On Hudson

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 Croton On Hudson, New York will take steps to harbor their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You may also be familiar with the term "tax avoidance." It is crucial that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.

Penalties for Tax Evasion in Croton On Hudson, New York

Under the laws of New York, as well as federal law, tax evasion is a very severe criminal offense.

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

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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.

But if the government is able to definitively establish that a defendant in Croton On Hudson, New York 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 Croton On Hudson, New York Tax Evasion Lawyer Can Help

A tax attorney in Croton On Hudson, New York can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine precisely what one's tax liability is, and a tax attorney can help.

In the unfortunate event that you're truly charged with tax evasion, it's crucial that you hire a knowledgeable tax attorney in Croton On Hudson, New York. 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.