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Idea from Georginah M.


Tax Evasion: What are the Consequences?


Tax evasion occurs when a taxpayer fails to pay their taxes by hiding the truth about their financial status to tax authorities. The IRS identifies tax evasion in individuals and companies by investigating any indicators of fraud such as falsifying documents, using a fake SSN, or underreporting income. Read on to find more about tax evasion and its consequences.


Georginah M.