tax

Is tax evasion illegal in the US?

Is tax evasion illegal in the US?

The U.S. income tax system seeks to encourage taxpayers to comply voluntarily. However, some individuals and businesses seek to evade taxes, so the question is Is tax evasion illegal in the US? Tax evasion is illegal in the US, and is an intentional misrepresentation in reporting taxable income to the Internal Revenue Service (IRS), so…