Tax Evasion Lawyers in Mayville

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

One of the most common prevalent tactics of tax evaders in Mayville, Wisconsin is to attempt to make it appear to an outside observer that their tax liability is lower than it truly is, such as by concealing income, fraudulently transferring property, and others.

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the prohibited 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 Mayville, Wisconsin

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

The penalties for tax evasion in Mayville can range anywhere from small penalties to huge penalties, along with prison sentences of several years.

In the majority of tax evasion cases, however, the punishments are not so severe. This is particularly likely in first offenses, when the amount of money involved is fairly small. Minor punishments for tax evasion normally mean a small fine, on top of an order to pay whatever taxes the taxpayer owes. A minor punishment is most likely when the government has trouble proving that fraud was involved, as opposed to an honest accounting error.

On the other hand, if the prosecution can establish that a Mayville, Wisconsin taxpayer engaged in fraud, and knowingly failed to pay their taxes, a tax court will probably impose the most grave punishment that's permitted by law. This can easily involve jail time.

A Mayville, Wisconsin Tax Evasion Lawyer Can Help

An attorney in Mayville, 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.

However, if you're truly accused of tax evasion, you will need a Mayville, Wisconsin 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.