Tax Evasion Lawyers in Hinesburg

Tax evasion is a crime in Vermont. Tax evasion involves intentionally failing to pay one's taxes.

Typically, tax evasion is accompanied by an attempt to make it appear to the government of Hinesburg, Vermont 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.

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 utilizing 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 Hinesburg, Vermont

The laws of the federal government, as well as Vermont take tax evasion very seriously, making it a crime.

Tax evaders in Hinesburg 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.

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.

On the other hand, if the prosecution can prove that a Hinesburg, Vermont 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 Hinesburg, Vermont Tax Evasion Lawyer Can Help

A tax attorney in Hinesburg, Vermont can ensure that you meet your tax liabilities, which will make an audit, or charge of tax evasion, less likely. Sometimes, it's challenging to determine exactly what one's tax liability is, and a tax attorney can help.

In the unfortunate event that you're actually charged with tax evasion, it's essential that you hire a qualified tax attorney in Hinesburg, Vermont. 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.