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Tax Evasion Avoidance Methods

This is a discussion on Tax Evasion Avoidance Methods within the Tax Law Forums forums, part of the Main Forums category; Tax Evasion Avoidance Tax evasion is the general term for efforts by individuals, firms, trusts and other entities to evade taxes by illegal means. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability, and includes, ...


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Old 04-07-2008, 09:00 PM
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Default Tax Evasion Avoidance Methods

Tax Evasion Avoidance


Tax evasion is the general term for efforts by individuals, firms, trusts and other entities to evade taxes by illegal means. Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability, and includes, in particular, dishonest tax reporting (such as declaring less income, profits or gains than actually earned; or overstating deductions).

In the United States and Canada, the government can normally go back 6 years when checking for tax issues. This is a common concern if you have not declared all of your income. It is advised that all US and Canadian taxpayers keep records from the past 6 years at least to ensure they are free from problems if they are ever audited.

If you have any questions about your tax issues please feel free to post them in this forum and I will answer as many as I can to the best of my ability.
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Old 07-10-2008, 09:06 PM
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