Tax Evasion Lawyers in Covington
Tax evasion is a crime in Washington. Tax evasion involves knowingly failing to pay one's taxes.
Usually, tax evasion is accompanied by an attempt to make it appear to the government of Covington, Washington 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.
It's important not to confuse "tax avoidance" and "tax evasion." They are two different things, but some people mistakenly use them interchangeably. Tax avoidance involves utilizing legal methods, such as tax deductions and exemptions, in a strategic manner, for the purpose of reducing one's tax liability. Tax avoidance is perfectly legal. Tax evasion involves fraud, and a deliberate attempt to avoid meeting one's legal commitments to pay taxes.
Penalties for Tax Evasion in Covington, Washington
Both federal law and the law of Washington treat tax evasion as a severe criminal offense.
The penalties for tax evasion in Covington can range anywhere from small penalties to huge penalties, along with prison sentences of several years.
Usually, an initial offense of tax evasion, if the amount of tax evaded is comparatively small, will not result in jail time or massive fines. This is particularly the case if the government has trouble proving that the failure to pay taxes was the result of intentional evasion, as opposed to an honest error in accounting.
On the other hand, if the prosecution can show that a Covington, Washington taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's authorized by law. This can easily involve jail time.
A Covington, Washington Tax Evasion Lawyer Can Help
Tax lawyers in Covington, Washington 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 really accused of tax evasion, you will need a Covington, Washington 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.