The Traderszone Network

Published in TZ Latest News 1 April, 2017 by The TZ Newswire Staff

What Is Tax Evasion?

We all want to lower our taxes and, thankfully, there are plenty of legal ways to do so. But while there’s nothing wrong with capitalizing on legitimate deductions and credits, deliberately attempting to defraud the IRS by hiding income or underpaying your taxes could really get you into trouble. It’s a concept known as tax evasion, and while it’s a practice often associated with super-wealthy celebrities and corporations, low- and middle-income earners have been known to do it, too.

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