Tax Evasion Lawyers in Sheboygan
Tax evasion is a crime in Wisconsin. Tax evasion involves deliberately failing to pay one's taxes.
One of the most common frequent tactics of tax evaders in Sheboygan, 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 Sheboygan, Wisconsin
Under federal and state law, including the laws of Wisconsin, tax evasion is a very severe crime.
Punishments for evading one's taxes in Sheboygan range from paying back taxes plus interest (a relatively mild punishment) all the way up to years in prison, and fines 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 especially true if the prosecution can't definitively prove that that the defendant's failure to pay taxes was purposeful, as opposed to an honest mistake.
However, if it can be clearly proven that a person or corporation in Sheboygan, Wisconsin deliberately 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 Sheboygan, Wisconsin Tax Evasion Lawyer Can Help
An attorney in Sheboygan, Wisconsin specializing in tax law can help you comply 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 a Sheboygan, Wisconsin attorney with experience 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.