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What is considered “Tax Evasion”

What is considered “Tax Evasion”

Tax evasion in a simple form means illegally avoiding paying taxes, reporting inaccurately, or failing to report (failing to report cash income is the most common one among them all). The government (especially in the U.S) imposes strict and severe penalties for tax...

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Taxation On Cryptocurrencies Guide

Taxation On Cryptocurrencies Guide

After almost a decade of existence, cryptocurrency finally made a huge appearance in the financial world in 2017. Nearly everyone with an Internet-enabled gadget has heard of Bitcoin, and many have already made fortunes from trading cryptocurrency. However, much of...

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Overlooked Accounting Issues Business Owners Tend To Make

Overlooked Accounting Issues Business Owners Tend To Make

Tax evasion in a simple form means illegally avoiding paying taxes, reporting inaccurately, or failing to report (failing to report cash income is the most common one among them all). The government (especially in the U.S) imposes strict and severe penalties for tax...

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