Tax Evasion Lawyers in Surfside Beach

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

Typically, the strategy employed by tax evaders in Surfside Beach, 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 illegal act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves using the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Surfside Beach, South Carolina

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

Tax evaders in Surfside Beach 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.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not usually so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

But, if the government can prove that a defendant in Surfside Beach, South Carolina willfully 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 Surfside Beach, South Carolina Tax Evasion Lawyer Can Help

A tax attorney in Surfside Beach, South Carolina 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 exactly what one's tax liability is, and a tax attorney can help.

If the government actually charges you with tax evasion, it cannot be stressed enough that you need the assistance of a good Surfside Beach, South Carolina 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.