Tax Lady Roni Deutch Analyzes 10 Biggest Tax Evaders On Her Tax Help Blog

PR Web:

Tax Lady Roni Deutch seeks to help taxpayers avoid illegal tax evasion by analyzing the top 10 biggest tax evaders.

‘Tax season will start for most Americans within the next few days,’ notes Ms. Deutch. ‘Millions of people around the country will begin to receive W-2 forms in the mail, and will either prepare their own returns or seek out professional help. No matter how your returns get prepared, it is essential that they are 100% accurate. Otherwise you could find yourself owing the IRS back taxes and interest, or even worse, you could be found guilty of tax evasion.’

However, understanding the difference between tax avoidance and tax evasion can be difficult. Millions of people get behind on their taxes every year, but this does not necessarily mean they are guilty of tax evasion. By definition, tax evasion is the conscious effort to avoid paying taxes through illegal means. Taxpayers are guilty of tax evasion when they knowingly misrepresent or conceal the truth from tax authorities about their financial situation in order to reduce tax liability. Alternatively, tax avoidance refers to any lawful conduct with goal of avoiding an income tax liability.