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March 2017 Archives

Understanding tax fraud

In the United States, tax law can be incredibly difficult to understand. That is because while the country has a number of laws on the books that punish people for attempting to evade taxes through fraudulent means, it remains perfectly legal to attempt to avoid taxes by structuring your business ventures in ways that make use of the various safe havens and incentives in the law. The line between the two activities can often seem unclear, though, so it can be helpful to know exactly where the IRS draws the line if you are going to be responsible for business taxes.

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