Tax Evasion Lawyers in Willoughby Hills

In Ohio, "tax evasion" is a crime that involves a deliberate failure to pay the taxes that the taxpayer legally owes.

Typically, tax evasion is accompanied by an attempt to make it appear to the government of Willoughby Hills, Ohio that one's tax liability is lower than it actually is. This can include concealing income, making fraudulent transfers of property, and other illegal activities.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of knowingly 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 Willoughby Hills, Ohio

The laws of the federal government, as well as Ohio take tax evasion very seriously, making it a crime.

In Willoughby Hills, tax evasion can result in anything from a comparatively 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, 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 is able to definitively prove that a defendant in Willoughby Hills, Ohio intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.

A Willoughby Hills, Ohio Tax Evasion Lawyer Can Help

Attorneys in Willoughby Hills, Ohio who practice tax law can help you stay in conformity with your tax commitments. This is a good way to confirm that you won't be suspected of tax evasion in the first place.

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