Tax Evasion Lawyers in Saratoga Springs

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

There are a few strategies that tax evaders use in Saratoga Springs, 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 Saratoga Springs, New York

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

Tax evaders in Saratoga Springs can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties available, with the ones just mentioned representing the most severe options available.

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 willful, as opposed to an honest mistake.

However, if it can be clearly proven that a person or corporation in Saratoga Springs, New York intentionally attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Saratoga Springs, New York Tax Evasion Lawyer Can Help

Attorneys in Saratoga Springs, 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.

Of course, if you've really been accused of tax evasion, you should retain a Saratoga Springs, New York tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.