Tax Avoidance Vs. Tax Evasion A White Collar Crime - What’s The Difference?

1
Tax Avoidance Vs. Tax Evasion A White Collar
Crime - Whats The Difference?
2

• For many people, there is confusion when it comes
  to the terms of tax avoidance and tax evasion.
  Taxes in general are complex and can get
  confusing for even the savviest of person. The
  important difference is to recognize that one is
  legal and one is not. The differences, however,
  go deeper than that.

3
Tax avoidance is a legal way of utilizing taxes
to your own benefit. So long as you do so within
the law, it is considered to be perfectly legal.
There are many different tactics that can be used
to legally reduce the taxes that you are liable
for. This includes taking advantage of the
deductibles that you are allowed.
4
Tax evasion, on the other hand, is utilizing
illegal means to reduce the taxes that you are
meant to pay. This is a criminal act and can be
harshly persecuted as a white collar crime. Some
of the most common ways in which tax evasion
occurs include

• Underreporting income
• Failing to file proper tax returns
• Hiding assets and property

5
If you have been criminally charged with tax
evasion, it is highly encouraged that you get the
involvement of an experienced Los Angeles
criminal defense lawyer as these types of cases
can be tried on the state and federal level. At
Okabe and Haushalter, they know how daunting
these types of cases can be. They therefore
encourage you to contact a Los Angeles white
collar crime lawyer from their firm as soon as
you can so that They can review your situation
and determine the best course of action. They
know what is on the line you can be confident
knowing that they will stop at nothing in their
efforts to help you protect your best interests.
Call them today to learn more!
Ryan Okabe
6
OKABE HAUSHALTER
Two California Plaza 350 S Grand Ave, 2220 Los
Angeles, CA 90071
310-430-7799
https//www.southbaylawyer.com/contact_us.aspx