Tag Archives: Tax Evasion

Tax Evasion v. Tax Avoidance

Although the terms tax evasion and tax avoidance are often used interchangeably, in reality they are totally different concepts. The biggest difference between the two is that tax avoidance is legal, while evading taxes can get taxpayers in serious trouble with the IRS. Unfortunately, the line between the two concepts can seem blurry to… Read More »