Tax Evasion Lawyers in Seaside
In Oregon, "tax evasion" is a crime that involves a willful failure to pay the taxes that the taxpayer legally owes.
Normally, tax evasion is accompanied by an attempt to make it appear to the government of Seaside, Oregon 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 utilizing 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 Seaside, Oregon
Under federal and state law, including the laws of Oregon, tax evasion is a very egregious crime.
Punishments for evading one's taxes in Seaside range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.
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 intentional, as opposed to an honest mistake.
However, if it can be clearly proven that a person or corporation in Seaside, Oregon purposely attempted to harbor income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.
A Seaside, Oregon Tax Evasion Lawyer Can Help
Tax lawyers in Seaside, Oregon can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.
Of course, if you've truly been accused of tax evasion, you should hire a Seaside, Oregon tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.