Tax Evasion Lawyers in Farmingdale

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

Most commonly, people who try to evade their taxes in Farmingdale, New York will take steps to hide their assets and income, or transferring their property to other legal entities in a fraudulent manner.

You may also be acquainted with the term "tax avoidance." It is important 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 Farmingdale, New York

Both federal law and the law of New York treat tax evasion as a severe criminal offense.

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

Usually, 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 Farmingdale, New York deliberately 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 Farmingdale, New York Tax Evasion Lawyer Can Help

Tax lawyers in Farmingdale, New York can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.

If you find yourself really accused of tax evasion, and are innocent, you should hire a Farmingdale, New York attorney with expertise 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.