What is Tax Evasion?
By Taxation Solutions on 2013-03-06
Tax fraud or evasion is the deliberate act of under reporting to the IRS your income or over reporting your expenses. Studies show that business owners, self-employed workers such as hair dressers and waiters/waitress are the biggest culprits of this. If you are caught trying to defraud the government you can be subject to penalties, fines and even imprisonment! Fraud is no laughing matter and is a serious crime!