Tax Evasion Lawyers in Springville
In Utah, "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 Springville, Utah. 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 variety of ways to conceal income for the purpose of evading one's tax liability, but all of them are illegal.
You should not confuse "tax evasion" with "tax avoidance." Tax evasion is illegal, and involves deliberately failing to pay one's taxes which they lawfully owe. Tax avoidance, on the other hand, is legal, and involves using legal strategies to lower one's legal tax liability. For example, strategically using deductions and tax credits to lower the amount of money you are legally obliged to pay, is an example of tax avoidance, assuming you actually pay your tax bill, whatever it ends up being.
Penalties for Tax Evasion in Springville, Utah
The laws of the federal government, as well as Utah take tax evasion very seriously, making it a crime.
Tax evaders in Springville 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.
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 deliberate, as opposed to an honest mistake.
However, if the relevant tax authorities are able to demonstrate that a taxpayer in Springville, Utah committed deliberate 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 Springville, Utah Tax Evasion Lawyer Can Help
A tax attorney in Springville, Utah 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.
Of course, if you've actually been accused of tax evasion, you should contact a Springville, Utah tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.