Tax Evasion Lawyers in Ada

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

Usually, tax evasion is accompanied by an attempt to make it appear to the government of Ada, Oklahoma 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 unlawful means. Tax avoidance is perfectly legal, and involves using 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 Ada, Oklahoma

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

The penalties for tax evasion in Ada can range anywhere from small fines to huge fines, along with prison sentences of several years.

Usually, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of purposeful evasion, as opposed to an honest error in accounting.

But if the government is able to definitively show that a defendant in Ada, Oklahoma intentionally engaged in fraud to get out of paying taxes, a tax court is highly unlikely to show any leniency, and may well sentence the defendant to prison time.

A Ada, Oklahoma Tax Evasion Lawyer Can Help

An Ada, Oklahoma attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

In the unfortunate event that you're really charged with tax evasion, it's critical that you hire a reliable tax attorney in Ada, Oklahoma. 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.