Tax Evasion Lawyers in Phoenixville
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 Phoenixville, 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.
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 Phoenixville, Pennsylvania
Under the laws of Pennsylvania, as well as federal law, tax evasion is a very serious criminal offense.
Tax evaders in Phoenixville 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.
In most cases, particularly when the amount of taxes evaded is small, and it's a first offense, the punishment will typically be fairly mild. It will typically result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was deliberate.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Phoenixville, 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 Phoenixville, Pennsylvania Tax Evasion Lawyer Can Help
Tax lawyers in Phoenixville, Pennsylvania can help anyone from an individual to a big business pay their taxes more easily, and comply with federal and local tax laws.
Of course, if you've truly been accused of tax evasion, you should hire a Phoenixville, Pennsylvania tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.