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Category: Tax and Corporation Law

Tax Fraud: Underreporting, Non Disclosure of Income

Posted on April 3, 2022April 10, 2022 By admin

It’s hard to say whether deliberate underreporting of income is tax evasion or cheating. A government study revealed that self-employed restaurateurs, clothing store owners, car dealers, telemarketers, salespeople, and doctors were the most likely to underreport income. Only 6.8% of deductions were overstated, however. So, who is responsible for underreporting income? And how can people…

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Family Law, Tax and Corporation Law

How to Complete Income Tax Return– a Guide to the Process

Posted on March 11, 2022March 16, 2022 By admin

There are many types of Tax Relief New Jersey services, and the most important one is a free consultation. They can answer all of your questions about the IRS and the divisions within it. Generally, the Collection and Examination Divisions will contact you. These divisions have primary focus on collecting unpaid taxes. Most taxpayers are…

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Tax and Corporation Law

Understanding the Nature of Tax Compromise and Tax Debt Settlement

Posted on March 10, 2022March 16, 2022 By admin

A tax compromise is a type of debt settlement between you and the IRS, said missouritaxattorneys.net. This is the most popular tax payment option because it allows you to reduce your taxes to a smaller amount than you owe. You need to be able to pay off your debt in full in order to qualify…

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Tax and Corporation Law

Avoiding Significant Penalties when Charged with Tax Fraud and Evasion

Posted on February 19, 2022March 8, 2022 By admin

If you’ve been accused of tax fraud or evasion in Louisiana, you may be surprised to learn that the penalties can be quite severe. According to a tax lawyer serving in all of Louisiana, both federal and state taxes can be subject to large penalties. A conviction for tax evasion or fraud in Louisiana can…

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Tax and Corporation Law

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