Tax Evasion Lawyers in Olyphant
In Pennsylvania, "tax evasion" is a crime that involves a purposeful failure to pay the taxes that the taxpayer legally owes.
One of the most common frequent tactics of tax evaders in Olyphant, Pennsylvania is to attempt to make it appear to an outside observer that their tax liability is lower than it really is, such as by concealing income, fraudulently transferring property, and others.
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 Olyphant, Pennsylvania
Under the laws of Pennsylvania, as well as federal law, tax evasion is a very serious criminal offense.
Tax evaders in Olyphant can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of punishments available, with the ones just mentioned representing the most severe options available.
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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was deliberate, as opposed to an honest mistake.
On the other hand, if the prosecution can show that an Olyphant, Pennsylvania taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's authorized by law. This can easily involve jail time.
A Olyphant, Pennsylvania Tax Evasion Lawyer Can Help
A tax attorney in Olyphant, Pennsylvania 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 Olyphant, Pennsylvania 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.