Denton Criminal Lawyer

Tax Avoidance and Tax Evasion

For many Americans, taxes are seen as something of a necessary thorn in the average citizen’s side. While the federal government provides security and even some financial aid when needed, not everyone living in the United States is happy to pay their taxes each year. As a result, people have taken up both legal and illegal methods to retain as much of their hard-earned money as possible. Knowing the difference between tax avoidance, which may be legal, and tax evasion, which is illegal, can be crucial to staying out of legal troubles with the Internal Revenue Service.

If you have been charged with tax evasion or tax fraud, contact a Denton criminal lawyer from Alexander & Associates at 972-420-6560 to discuss your case with a legal professional today.

What is Legal?

In general, most Americans tend to avoid taxes as much as possible. However, there are only certain tax avoidance actions that are legal under the Internal Revenue Code. These actions may include:

• Renouncing citizenship
• Filing in a tax haven residence
• Working through corporate or trust-established groups
• Using vague legal diction to classify expenses

While these are common ways for someone to avoid their taxes, some may require drastic action that is not appropriate for all American citizens. Turning to illegal methods, some taxpayers falsify their financial figures, simply do not file their taxes, or set up illegal corporate entities to deal with tax issues.

Contact Us

If you have been charged with a financial crime, the consequences can seriously affect your livelihood. While tax evasion may seem like a white collar crime that would not result in dire penalties, the justice system does not treat these crimes lightly. Contact a Denton criminal lawyers from Alexander & Associates by calling 972-420-6560 to learn more about your rights and options concerning criminal charges.