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 with ...

Tax evasion isn’t just something that happens in financial scandals or celebrity headlines — it’s a serious offense that leads to steep fines, audits and even jail time. But what is tax evasion ...

People sometimes use the terms “tax avoidance” and “tax evasion” interchangeably, but in the eyes of experts and the government there’s one big difference between the two: legality. The US dollar has ...

The IRS wrapped up its annual “Dirty Dozen” list of tax-related scams and dodges Friday with four “bogus tax-avoidance strategies” the Service advised taxpayers and their advisers to steer clear of.

Over the past few years, the Internal Revenue Service has renewed attention on so-called "promoters" of tax avoidance transactions. Processing Content According to the IRS, promoters are entities that ...

Seyfarth Synopsis: Just like a bad penny, schemes promising employers ways to reduce their FICA tax burden, and maybe their employees’ income tax burden at the same time, keep popping up with a ...

HM Revenue & Customs’ (HMRC) publicly accessible list of non-compliant umbrella companies now features details of nearly 100 firms operating tax avoidance schemes. The UK tax authority added four more ...

F&D’s Maureen Burke interviews Menno Snel, the Dutch State Secretary for Finance since October 2017, on his quest to stamp out tax avoidance and evasion and position the Netherlands at the forefront ...

HM Revenue & Customs (HMRC) has added a further three umbrella companies to its public list of named tax avoidance schemes, as part of its on-going push to deter contractors from working for ...

It happened again this past week in the dark of night. Ohio lawmakers are trying to rush through policy proposals by throwing them into "Christmas tree bills," aptly named because of the various ...