Tax Evasion Lawyers in Mount Vernon

Tax Evasion in Ohio is a criminal act in which someone knowingly fails to pay their taxes.

There are a few strategies that tax evaders use in Mount Vernon, Ohio. 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 variety of ways to conceal 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 Mount Vernon, Ohio

Both federal law and the law of Ohio treat tax evasion as a serious criminal offense.

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

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

On the other hand, if the prosecution can prove that a Mount Vernon, Ohio taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.

A Mount Vernon, Ohio Tax Evasion Lawyer Can Help

A tax attorney in Mount Vernon, Ohio can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's difficult to determine exactly what one's tax liability is, and a tax attorney can help.

In the unfortunate event that you're actually charged with tax evasion, it's critical that you hire a qualified tax attorney in Mount Vernon, 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.