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    chelley21613's Avatar
    chelley21613 Posts: 1, Reputation: 1
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    Jan 30, 2010, 10:27 AM
    Differentiate between tax avoidance and tax evasion
    What is the difference between tax evasion and tax avoidance
    mmdkline's Avatar
    mmdkline Posts: 3, Reputation: 1
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    Jan 30, 2010, 08:00 PM

    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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