Tax Evasion Lawyers in Rye Brook

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

There are a few strategies that tax evaders use in Rye Brook, 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 Rye Brook, New York

The laws of the federal government, as well as New York take tax evasion extremely seriously, making it a crime.

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

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 usually 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.

On the other hand, if the prosecution can show that a Rye Brook, New York taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's authorized by law. This can easily involve jail time.

A Rye Brook, New York Tax Evasion Lawyer Can Help

A Rye Brook, New York attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

However, if you're really accused of tax evasion, you will need a Rye Brook, 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.