Tax Evasion Lawyers in Seneca

In South Carolina, "tax evasion" is a crime that involves a willful failure to pay the taxes that the taxpayer legally owes.

Normally, the strategy employed by tax evaders in Seneca, South Carolina is to try and make it look like they have less taxable income than they actually do. This can be done by failing to report income, concealing it, or fraudulently transferring property.

"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 utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Seneca, South Carolina

Both federal law and the law of South Carolina treat tax evasion as a significant criminal offense.

Tax evaders in Seneca can be punished by multi-year prison sentences, as well as six-figure fines. Of course, there is a wide range of penalties available, with the ones just mentioned representing the most severe options available.

Normally, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of willful evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Seneca, South Carolina purposely concealed income, in order to get out of paying taxes, a court will most likely impose the heaviest penalties allowed by law, including enormous fines, and several years in prison.

A Seneca, South Carolina Tax Evasion Lawyer Can Help

Tax lawyers in Seneca, South Carolina can help anyone from an individual to a big business pay their taxes more quickly, and adhere with federal and local tax laws.

If you find yourself truly accused of tax evasion, and are innocent, you should hire a Seneca, South Carolina 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.