Tax Evasion Lawyers in Newburgh
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 Newburgh, 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 number 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 utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Newburgh, New York
The federal government and the laws of New York impose grave penalties for tax evasion - treating it as an extremely serious crime.
In Newburgh, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.
In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was willful.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Newburgh, New York committed willful fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.
A Newburgh, New York Tax Evasion Lawyer Can Help
Tax lawyers in Newburgh, 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 Newburgh, 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.