Tax Evasion Lawyers in Reynoldsburg

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

There are a few strategies that tax evaders use in Reynoldsburg, Ohio. 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.

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 Reynoldsburg, Ohio

The federal government and the laws of Ohio impose grave penalties for tax evasion - treating it as an extremely serious crime.

Tax evaders in Reynoldsburg 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 the relevant tax authorities are able to demonstrate that a taxpayer in Reynoldsburg, Ohio committed willful fraud, in order to evade their legal duty to pay taxes, a tax court is probably going to impose a more severe penalty, which may include jail time, and large financial penalties.

A Reynoldsburg, Ohio Tax Evasion Lawyer Can Help

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

If you find yourself really accused of tax evasion, and are innocent, you should hire a Reynoldsburg, Ohio attorney with expertise practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.