what is tax
Common tax pits you must avoid
Now that the current financial year is coming to an end, everybody would like to know where his/her tax burdens stand at. When we talk of tax liability, questions arise about tax evasions. It may very well be the case that you would end up evading tax and face consequences of evasion even if you […]
What is tax evasion? Avoid it
What is tax evasion? Tax evasion is an illegal act; it takes place when an individual/organization/corporation intentionally avoids paying his/her/its true tax liability. As an individual, you have the freedom to assess your income and pay taxes. However, when you choose not to pay taxes by abstaining from declaring a certain source of income, then it […]
