Tax Evasion Lawyers in Kings County

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 Kings County, 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 acquainted 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 Kings County, New York

The federal government and the laws of New York impose grave penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Kings County 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.

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 intentional, as opposed to an honest mistake.

But if the government is able to definitively establish that a defendant in Kings County, New York intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.

A Kings County, New York Tax Evasion Lawyer Can Help

Attorneys in Kings County, New York who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.

However, if you're truly accused of tax evasion, you will need a Kings County, 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.