Tax Evasion Lawyers in Mukwonago

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

One of the most common frequent tactics of tax evaders in Mukwonago, 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 using the tax laws strategically, to reduce one's actual tax liability as much as possible.

Penalties for Tax Evasion in Mukwonago, Wisconsin

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

Tax evaders in Mukwonago 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.

However, the punishments for tax evasion, especially first offenses involving relatively small amounts of money, is not normally so severe, especially when it looks like the failure to pay taxes was the result of an honest mistake, rather than deliberate fraud.

However, if it can be clearly proven that a person or corporation in Mukwonago, Wisconsin willfully attempted to hide income or assets for the purpose of getting out of taxes, a court will probably throw the book at them, so to speak. This can mean jail sentences measured in years, and fines in the six or seven figures.

A Mukwonago, Wisconsin Tax Evasion Lawyer Can Help

Attorneys in Mukwonago, Wisconsin who practice tax law can help you stay in compliance with your tax obligations. This is a good way to ensure that you won't be suspected of tax evasion in the first place.

In the unfortunate event that you're really charged with tax evasion, it's important that you hire a reliable tax attorney in Mukwonago, Wisconsin. If you are actually innocent, your tax attorney can help make sure that you have the best chance you can of being found not guilty.