Tax Evasion Lawyers in Clarksville
In Tennessee, "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 Clarksville, Tennessee 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 not be confused with "tax avoidance." Tax evasion is the act of deliberately attempting to get out of one's tax liability through illegal means. Tax avoidance is perfectly legal, and involves using legal strategies (such as taking advantage of deductions and tax credits) to reduce one's legal tax liability. However, someone engaging in tax avoidance typically intends to pay whatever they end up owing, even as they try to reduce the amount they owe.
Penalties for Tax Evasion in Clarksville, Tennessee
Under the laws of Tennessee, as well as federal law, tax evasion is a very severe criminal offense.
Punishments for evading one's taxes in Clarksville range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and fines in the hundreds of thousands of dollars.
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.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Clarksville, Tennessee committed purposeful 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 Clarksville, Tennessee Tax Evasion Lawyer Can Help
Tax lawyers in Clarksville, Tennessee 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 actually been accused of tax evasion, you should contact a Clarksville, Tennessee tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.