News

Moroccan authorities have launched a sweeping effort to tighten oversight of property tax exemptions granted for undeveloped ...
The Federal Inland Revenue Service has announced plans to host a two-day national conference on illicit financial flows as part of renewed efforts to combat tax evasion and safeguard Nigeria’s ...
Underhanded underground; down on the farm; reality check; and other highlights of recent tax cases.
Civil fraud: If the IRS believes you have committed tax evasion, but the offense is not considered criminal, you could face a penalty of 75% of the tax underpayment attributable to fraud.
While tax evasion and tax avoidance sound similar, they’re far from interchangeable. One is a legitimate strategy to reduce your tax burden, while the other could land you in serious trouble ...
Tax evasion is the illegal, intentional nonpayment or underpayment of taxes due, and those who engage in it can be subject to criminal prosecution, penalties, and jail time.
If you're thinking of pulling a fast one on the IRS when you file taxes, think again. Tax fraud, along with its sibling tax evasion, is a criminal offense that can result in harsh consequences.
Records also showed that she also failed to file tax returns for 2017 even though she had “significant income.” ...