Tax Evasion Lawyers in Sequim
Tax evasion is a crime in Washington. Tax evasion involves knowingly failing to pay one's taxes.
Normally, tax evasion is accompanied by an attempt to make it appear to the government of Sequim, 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 using 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 obligations to pay taxes.
Penalties for Tax Evasion in Sequim, Washington
The federal government and the laws of Washington impose severe penalties for tax evasion - treating it as an extremely serious crime.
Tax evaders in Sequim 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.
On the other hand, if the prosecution can establish that a Sequim, Washington taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most severe punishment that's permitted by law. This can easily involve jail time.
A Sequim, Washington Tax Evasion Lawyer Can Help
A tax attorney in Sequim, Washington 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 precisely what one's tax liability is, and a tax attorney can help.
Of course, if you've truly been accused of tax evasion, you should hire a Sequim, Washington tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.