By evasion, I am referring to:
1) Doing legal maneuvers which are designed only to not pay taxes, such as setting up trusts, moving to Canada, lease/buyback deals, that sort of thing. They are legal, but are done only to not pay taxes and for no other reason.
2) Doing grey legal maneuvers which are judgement calls. If you fight the IRS and lose, you are going to pay back taxes and interest, but probably not penalties.
By cheating, I am referring to overtly illegal maneuvers such as not declaring income.
1) Doing legal maneuvers which are designed only to not pay taxes, such as setting up trusts, moving to Canada, lease/buyback deals, that sort of thing. They are legal, but are done only to not pay taxes and for no other reason.
2) Doing grey legal maneuvers which are judgement calls. If you fight the IRS and lose, you are going to pay back taxes and interest, but probably not penalties.
By cheating, I am referring to overtly illegal maneuvers such as not declaring income.