Tax Evasion Lawyers in Kiryas Joel

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

Most frequently, people who try to evade their taxes in Kiryas Joel, 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 critical 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 Kiryas Joel, New York

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

Punishments for evading one's taxes in Kiryas Joel 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.

In the majority of tax evasion cases, however, the punishments are not so severe. This is especially likely in first offenses, when the amount of money involved is fairly small. Minor punishments for tax evasion normally mean a small fine, on top of an order to pay whatever taxes the taxpayer owes. A minor punishment is most likely when the government has trouble proving that fraud was involved, as opposed to an honest accounting error.

But, if the government can prove that a defendant in Kiryas Joel, New York knowingly 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 Kiryas Joel, New York Tax Evasion Lawyer Can Help

A tax attorney in Kiryas Joel, 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.

If you find yourself truly accused of tax evasion, and are innocent, you should hire a Kiryas Joel, New York attorney with experience 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.