Tax Evasion Lawyers in Kilgore

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 Kilgore, 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 Kilgore, Texas

The federal government and the laws of Texas impose grave penalties for tax evasion - treating it as an extremely serious crime.

Punishments for evading one's taxes in Kilgore range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties 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 particularly true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was intentional, as opposed to an honest mistake.

However, if it can be clearly proven that a person or corporation in Kilgore, Texas deliberately attempted to conceal income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Kilgore, Texas Tax Evasion Lawyer Can Help

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

In the unfortunate event that you're actually charged with tax evasion, it's imperative that you hire a qualified tax attorney in Kilgore, Texas. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.