Tax Evasion Lawyers in Eau Claire
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 Eau Claire, 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 Eau Claire, Wisconsin
The federal government and the laws of Wisconsin impose grave penalties for tax evasion - treating it as an extremely serious crime.
Punishments for evading one's taxes in Eau Claire range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and penalties in the hundreds of thousands of dollars.
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 willful, as opposed to an honest mistake.
But if the government is able to definitively show that a defendant in Eau Claire, 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 Eau Claire, Wisconsin Tax Evasion Lawyer Can Help
An attorney in Eau Claire, Wisconsin specializing in tax law can help you adhere with all the tax laws that apply to you, which makes it very unlikely that you'll ever be accused of tax evasion in the first place.
If you find yourself really accused of tax evasion, and are innocent, you should hire an Eau Claire, Wisconsin attorney with expertise practicing tax law, as soon as possible. Your tax attorney can help you defend yourself against the charges, ensuring that you have a good chance at being acquitted.