Tax Evasion Lawyers in Exeter
In Pennsylvania, "tax evasion" is a crime that involves a willful failure to pay the taxes that the taxpayer legally owes.
One of the most common prevalent tactics of tax evaders in Exeter, Pennsylvania is to attempt to make it appear to an outside observer that their tax liability is lower than it truly is, such as by concealing income, fraudulently transferring property, and others.
"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the prohibited act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves using the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Exeter, Pennsylvania
The federal government and the laws of Pennsylvania impose severe penalties for tax evasion - treating it as an extremely serious crime.
In Exeter, the punishments for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to fines in the tens (or hundreds) of thousands of dollars, and imprisonment.
Normally, 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 deliberate evasion, as opposed to an honest error in accounting.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Exeter, Pennsylvania committed deliberate 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 Exeter, Pennsylvania Tax Evasion Lawyer Can Help
Tax lawyers in Exeter, Pennsylvania can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
However, if you're truly accused of tax evasion, you will need an Exeter, Pennsylvania tax attorney more than ever. If you are, in fact, innocent, a tax attorney can give you the best possible chance of being found not guilty.