Tax Evasion Lawyers in Yeadon
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 Yeadon, 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 may also be acquainted with the term "tax avoidance." It is necessary that you don't confuse this with "tax evasion." Tax avoidance is perfectly legal, and is probably something that every taxpayer does whenever they file, whether they know it or not. It involves employing legal methods to make one's tax liability as small as possible, taking advantages of deductions and other tax breaks.
Penalties for Tax Evasion in Yeadon, Pennsylvania
The federal government and the laws of Pennsylvania impose grave penalties for tax evasion - treating it as an extremely serious crime.
In Yeadon, tax evasion can result in anything from a comparatively 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.
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 the relevant tax authorities are able to demonstrate that a taxpayer in Yeadon, Pennsylvania committed intentional 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 Yeadon, Pennsylvania Tax Evasion Lawyer Can Help
A tax attorney in Yeadon, Pennsylvania can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's challenging to determine clearly what one's tax liability is, and a tax attorney can help.
If you find yourself really accused of tax evasion, and are innocent, you should hire a Yeadon, Pennsylvania attorney with expertise practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.