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  2. Tax evasion - Wikipedia

    en.wikipedia.org/wiki/Tax_evasion

    Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income ...

  3. Tax evasion in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_evasion_in_the_United...

    Tax evasion is separate from tax avoidance, which is the legal utilization of the tax regime to one's advantage to reduce the amount of tax that is payable by means that are within the law. For example, a person can legally avoid some taxes by refusing to earn more taxable income or buying fewer things subject to sales taxes .

  4. What Is Tax Evasion? - AOL

    www.aol.com/tax-evasion-175837370.html

    Tax evasion is a willful refusal to pay taxes that you owe, including income taxes, capital gains tax and even property tax. If you try to hide your income from the IRS and under-report what you ...

  5. Tax noncompliance - Wikipedia

    en.wikipedia.org/wiki/Tax_noncompliance

    In the United States "tax evasion" is evading the assessment or payment of a tax that is already legally owed at the time of the criminal conduct. [22] Tax evasion is criminal, and has no effect on the amount of tax actually owed, although it may give rise to substantial monetary penalties.

  6. Tax Fraud and Tax Evasion Penalties Explained - AOL

    www.aol.com/finance/tax-fraud-tax-evasion...

    Tax fraud, along with its sibling tax evasion, is a criminal offense that can result in harsh consequences. ... which is a specific subset of activities such as non-disclosure of income or the ...

  7. 7 Ways You’re Accidentally Committing Tax Fraud - AOL

    www.aol.com/7-ways-accidentally-committing-tax...

    To meet the IRS’s tax fraud definition, there must be both a tax due and owing, and fraudulent intent. ... Claiming the earned income tax credit when you’re not eligible for it is a major IRS ...

  8. Taxation of illegal income in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_of_illegal_income...

    Taxation of illegal income in the United States arises from the provisions of the Internal Revenue Code, enacted by the U.S. Congress in part for the purpose of taxing net income. [1] As such, a person's taxable income will generally be subject to the same federal income tax rules, regardless of whether the income was obtained legally or illegally.

  9. Tax evasion vs. tax avoidance: What's the difference? Here's ...

    www.aol.com/finance/tax-evasion-vs-tax-avoidance...

    People sometimes use the terms “tax avoidance” and “tax evasion” interchangeably, but in the eyes of experts and the government there’s one big difference between the two: legality.