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  • Jan 30, 2010, 10:27 AM
    chelley21613
    Differentiate between tax avoidance and tax evasion
    What is the difference between tax evasion and tax avoidance
  • Jan 30, 2010, 08:00 PM
    mmdkline

    Tax avoidance is the legitimate minimizing of taxes, using methods approved by the IRS

    Tax evasion, on the other hand, is the illegal practice of not paying taxes, by not reporting income, reporting expenses not legally allowed, or by not paying taxes owed

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