Tax Evasion Lawyers in Youngwood
In Pennsylvania, "tax evasion" is a crime that involves a deliberate failure to pay the taxes that the taxpayer legally owes.
One of the most common common tactics of tax evaders in Youngwood, Pennsylvania is to attempt to make it appear to an outside observer that their tax liability is lower than it actually is, such as by concealing income, fraudulently transferring property, and others.
You may also be familiar with the term "tax avoidance." It is critical 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 Youngwood, Pennsylvania
The federal government and the laws of Pennsylvania impose severe penalties for tax evasion - treating it as an extremely serious crime.
In Youngwood, tax evasion can result in anything from a relatively 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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.
On the other hand, if the prosecution can prove that a Youngwood, Pennsylvania taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's allowed by law. This can easily involve jail time.
A Youngwood, Pennsylvania Tax Evasion Lawyer Can Help
An attorney in Youngwood, Pennsylvania specializing in tax law can help you comply with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
However, if you're actually accused of tax evasion, you will need a Youngwood, 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.