All You Need to Learn About: What Is Tax Fraud?
Tax fraud is any fraudulent attempt to evade tax payment and carries civil and criminal penalties. Taxpayers can avoid breaking the law and save money on their taxes by learning the difference between tax fraud and legal strategies that minimize tax liabilities. Tax fraud requires dishonest behavior on the taxpayer's part, such as when a business owner falsely claims a deduction for an expense they did not incur.
Oct 13, 2022