Tax Evasion Lawyers in Cedarburg
Tax evasion is a crime in Wisconsin. Tax evasion involves intentionally failing to pay one's taxes.
One of the most common frequent tactics of tax evaders in Cedarburg, Wisconsin is to attempt to make it appear to an outside observer that their tax liability is lower than it really is, such as by concealing income, fraudulently transferring property, and others.
"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the unlawful act of trying to hide one's tax liability. Tax avoidance, on the other hand, is perfectly legal, and simply involves utilizing the tax laws strategically, to reduce one's actual tax liability as much as possible.
Penalties for Tax Evasion in Cedarburg, Wisconsin
The federal government and the laws of Wisconsin impose grave penalties for tax evasion - treating it as an extremely serious crime.
In Cedarburg, the penalties for tax evasion can range from a court order to pay back taxes, plus a small fine, and range all the way up to penalties in the tens (or hundreds) of thousands of dollars, and imprisonment.
In most cases, especially when the amount of taxes evaded is small, and it's a first offense, the punishment will normally be fairly mild. It will normally result in an order to pay the taxes the defendant owes, plus a small financial penalty. This is especially likely when it cannot be proven that the failure to pay taxes was willful.
But if the government is able to definitively show that a defendant in Cedarburg, Wisconsin intentionally engaged in fraud to get out of paying taxes, a tax court is very unlikely to show any leniency, and may well sentence the defendant to prison time.
A Cedarburg, Wisconsin Tax Evasion Lawyer Can Help
A tax attorney in Cedarburg, Wisconsin 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 clearly what one's tax liability is, and a tax attorney can help.
Of course, if you've really been accused of tax evasion, you should retain a Cedarburg, Wisconsin tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.