Tax Evasion Lawyers in Warr Acres

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 Warr Acres, 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.

You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves using legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.

Penalties for Tax Evasion in Warr Acres, Oklahoma

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

In Warr Acres, tax evasion can result in anything from a relatively 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, especially first offenses involving relatively small amounts of money, is not normally so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

But, if the government can prove that a defendant in Warr Acres, Oklahoma deliberately concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Warr Acres, Oklahoma Tax Evasion Lawyer Can Help

A tax attorney in Warr Acres, Oklahoma 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 clearly what one's tax liability is, and a tax attorney can help.

If the government really charges you with tax evasion, it cannot be stressed enough that you need the assistance of a brilliant Warr Acres, Oklahoma tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.