Tax evasion is the illegal practice of avoiding paying taxes that are owed. It can take many forms, including failing to report income, underreporting income, or claiming false deductions. Tax evasion is a serious crime that can result in significant penalties, including fines and imprisonment.
There are many reasons why people evade taxes. Some people do it to save money, while others do it to avoid paying taxes that they believe are unfair. However, there is no excuse for tax evasion. It is a crime that hurts everyone, as it reduces the amount of money available to the government to fund essential services such as education, healthcare, and infrastructure.
