Tax Evasion Lawyers in Shawano

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

One of the most common prevalent tactics of tax evaders in Shawano, 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 Shawano, Wisconsin

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

Punishments for evading one's taxes in Shawano 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 intentional, as opposed to an honest mistake.

However, if it can be clearly proven that a person or corporation in Shawano, Wisconsin knowingly attempted to harbor 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 Shawano, Wisconsin Tax Evasion Lawyer Can Help

An attorney in Shawano, 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.

Of course, if you've truly been accused of tax evasion, you should hire a Shawano, Wisconsin tax lawyer immediately. If you are innocent, a tax attorney will make sure you have the best chance possible at being acquitted.