Tax Evasion Lawyers in Highland Park

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

There are a few strategies that tax evaders use in Highland Park, Texas. One of the most common tactics is to make it appear that the taxpayer has less taxable income than they actually do. There are a wide number of ways to conceal income for the purpose of evading one's tax liability, but all of them are illegal.

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

Penalties for Tax Evasion in Highland Park, Texas

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

Tax evaders in Highland Park 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.

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

On the other hand, if the prosecution can prove that a Highland Park, Texas taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's allowed by law. This can easily involve jail time.

A Highland Park, Texas Tax Evasion Lawyer Can Help

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

However, if you're actually accused of tax evasion, you will need a Highland Park, Texas 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.