Tax Evasion Lawyers in Kirtland
Tax Evasion in Ohio is a criminal act in which someone willfully fails to pay their taxes.
There are a few strategies that tax evaders use in Kirtland, Ohio. One of the most typical 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 harbor income for the purpose of evading one's tax liability, but all of them are illegal.
It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves using legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal obligations to pay taxes.
Penalties for Tax Evasion in Kirtland, Ohio
Both federal law and the law of Ohio treat tax evasion as a significant criminal offense.
In Kirtland, tax evasion can result in anything from a relatively small fine, and a court order to pay any back taxes as well as interest, all the way up to financial penalties in the hundreds of thousands of dollars, as well as jail time.
However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not typically so severe, especially 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 Kirtland, Ohio willfully 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 Kirtland, Ohio Tax Evasion Lawyer Can Help
Tax lawyers in Kirtland, Ohio can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
In the unfortunate event that you're truly charged with tax evasion, it's important that you hire a knowledgeable tax attorney in Kirtland, Ohio. 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.