Tax Evasion Lawyers in Syosset

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

There are a few strategies that tax evaders use in Syosset, New York. One of the most common 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 conceal income for the purpose of evading one's tax liability, but all of them are illegal.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of purposely attempting to get out of one's tax liability through illegal means. Tax avoidance is perfectly legal, and involves utilizing legal strategies (such as taking advantage of deductions and tax credits) to reduce one's legal tax liability. However, someone engaging in tax avoidance typically intends to pay whatever they end up owing, even as they try to reduce the amount they owe.

Penalties for Tax Evasion in Syosset, New York

Under the laws of New York, as well as federal law, tax evasion is a very significant criminal offense.

Punishments for evading one's taxes in Syosset range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.

However, the punishments for tax evasion, particularly first offenses involving relatively small amounts of money, is not usually so severe, particularly when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

But, if the government can prove that a defendant in Syosset, New York purposely 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 Syosset, New York Tax Evasion Lawyer Can Help

Tax lawyers in Syosset, 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.

However, if you're actually accused of tax evasion, you will need a Syosset, 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.