WSJ Your Money Briefing cover image

Yes, It’s Still a Bad Idea to Cheat on Your Taxes

WSJ Your Money Briefing

CHAPTER

Understanding IRS Detection and Penalties for Tax Evasion

This chapter explores how the IRS detects tax evasion through reporting forms like W-2s and 1099s, and the advanced computer systems used to cross-check earnings. It also highlights penalties and interest rates imposed for unpaid taxes, underscoring the serious repercussions of tax fraud.

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