What is a tax evasion?

Tax evasion is when people deliberately do not pay the required taxes they owe. Tax evasion involves a variety of activities intended to reduce what a taxpayer owes. It can include not filing a tax return, claiming fraudulent deductions, failing to report income, underreporting income, or not paying taxes in full. Tax evasion is a serious crime in California. Anyone convicted of tax evasion can face severe penalties. Depending on the severity of the crime, penalties can range from a misdemeanor with a fine, to felony charges with imprisonment. Tax evasion can also lead to large fines, interest charges, and other financial penalties. If you suspect that someone is evading taxes in California, you should contact the Franchise Tax Board (FTB) immediately. The FTB is responsible for the collection of taxes in California and has the ability to investigate potential tax evasion cases. It is important to note that any information you provide is confidential and you cannot be held liable for the consequences of the investigation. Tax evasion is a serious violation of California law, and taxpayers engaging in this activity can face stiff penalties. It is important to remain compliant with the law, and to pay all taxes that are due.

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