Tax Evasion Lawyers in Platteville

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

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

"Tax evasion" should be distinguished from "tax avoidance." Tax evasion is the illegal 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 Platteville, Wisconsin

Under federal and state law, including the laws of Wisconsin, tax evasion is a very serious crime.

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

Typically, a first offense of tax evasion, if the amount of tax evaded is relatively small, will not result in jail time or massive fines. This is especially the case if the government has trouble proving that the failure to pay taxes was the result of deliberate evasion, as opposed to an honest error in accounting.

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

A Platteville, Wisconsin Tax Evasion Lawyer Can Help

A Platteville, Wisconsin attorney who specializes in tax law can help ensure that you are in compliance with all applicable tax laws, making an accusation of tax evasion less likely.

If the government actually charges you with tax evasion, it cannot be stressed enough that you need the assistance of a good Platteville, Wisconsin tax attorney. Assuming you're actually innocent, your tax lawyer can help you prepare a defense, and ensure that you have a good chance of being found not guilty. On top of that, they can make getting through such a difficult time much easier.