Tax Evasion Lawyers in Loudon County

Tax evasion is a crime in Virginia. Tax evasion involves willfully failing to pay one's taxes.

Normally, tax evasion is accompanied by an attempt to make it appear to the government of Loudon County, Virginia that one's tax liability is lower than it actually is. This can include concealing income, making fraudulent transfers of property, and other illegal activities.

"Tax evasion" should not be confused with "tax avoidance." Tax evasion is the act of willfully attempting to get out of one's tax liability through prohibited 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 Loudon County, Virginia

Under federal and state law, including the laws of Virginia, tax evasion is a very serious crime.

The penalties for tax evasion in Loudon County can range anywhere from small fines to huge fines, along with prison sentences of several years.

Normally, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.

But, if the government can prove that a defendant in Loudon County, Virginia 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 Loudon County, Virginia Tax Evasion Lawyer Can Help

Attorneys in Loudon County, Virginia who practice tax law can help you stay in compliance with your tax obligations. This is a good way to ensure that you won't be suspected of tax evasion in the first place.

However, if you're truly accused of tax evasion, you will need a Loudon County, Virginia 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.