Tax Evasion Lawyers in Lancaster
Tax Evasion in New York is a criminal act in which someone knowingly fails to pay their taxes.
There are a few strategies that tax evaders use in Lancaster, New York. One of the most frequent tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide variety of ways to hide income for the purpose of evading one's tax liability, but all of them are illegal.
"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the unlawful act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves using the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Lancaster, 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 Lancaster can range anywhere from small fines to huge fines, along with prison sentences of several years.
Usually, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.
But if the government is able to definitively show that a defendant in Lancaster, 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 Lancaster, New York Tax Evasion Lawyer Can Help
Attorneys in Lancaster, New York who practice tax law can help you stay in compliance with your tax obligations. This is a good way to ensure that you won't be suspected of tax evasion in the first place.
In the unfortunate event that you're really charged with tax evasion, it's critical that you hire a reliable tax attorney in Lancaster, 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.