California Tax Law and Penalties: Why Compliance Matters
California imposes penalties for tax non-compliance, including failure-to-file and failure-to-pay penalties. Interest can also accrue on unpaid taxes, increasing the financial burden. In cases of serious tax evasion or fraud, criminal charges may apply. Working with a tax attorney minimizes the risk of penalties by ensuring accurate tax filings, timely payments, and a proactive approach to potential tax issues.