Tax Evasion Lawyers in Maumee
Tax Evasion in Ohio is a criminal act in which someone intentionally fails to pay their taxes.
There are a few strategies that tax evaders use in Maumee, 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 number 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 utilizing 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 commitments to pay taxes.
Penalties for Tax Evasion in Maumee, Ohio
Both federal law and the law of Ohio treat tax evasion as a significant criminal offense.
The penalties for tax evasion in Maumee can range anywhere from small penalties to huge penalties, along with prison sentences of several years.
In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically 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 intentional.
However, if it can be clearly proven that a person or corporation in Maumee, Ohio intentionally attempted to harbor 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 Maumee, Ohio Tax Evasion Lawyer Can Help
A Maumee, Ohio attorney who concentrates in tax law can help ensure that you are in conformity with all applicable tax laws, making an accusation of tax evasion less likely.
In the unfortunate event that you're truly charged with tax evasion, it's essential that you hire a knowledgeable tax attorney in Maumee, 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.