Tax Avoidance U.S. Tax Evasion
Tax avoidance refers to the legal methods used to not pay, or avoid paying, taxes. Not all income earners pay taxes. Depending on losses and tax deductions, you may legally reduce your taxes down to zero. Tax evasion is finding a way to justify not paying your taxes, even thought it’s clearly against the Internal Revenue Codes and Rulings. This is illegal, and if the IRS proves that you unlawfully evaded filing and/or paying taxes, then you could go to jail. You may want to read news articles discussing tax evasion and tax fraud, and see what the latest happenings are. IRS Federal Tax Evasion is a very serious matter.