Tax Cheat

Dictionary Says

Definition of 'Tax Cheat'

An individual (or group) who, through fraud, dishonesty or avoidance, does not pay the amount of tax that would be obligated if tax rules were properly followed. A tax cheat may improperly use tax shelters or purposefully miscategorize earnings and expenses under the pretense that the government will not miss the lost revenue because of the obligation's size relative to all taxes collected. Those found to be cheating on their taxes may be subject to fines, penalties or imprisonment.
Investopedia Says

Investopedia explains 'Tax Cheat'

The Internal Revenue Service (IRS) allows taxpayers to report individuals and organizations that they suspect are tax cheats. As an incentive, it provides a potential reward if it is found that those being reported did, in fact, underpay taxes.

Articles Of Interest

  1. How To Report A Tax Cheat

    If you report a tax evader to the IRS, you could be eligible for a reward.
  2. Surviving The IRS Audit

    Keeping thorough records and knowing the penalties make this experience easier than you'd expect.
  3. Tax Tips For The Individual Investor

    We give you seven guidelines to help you keep more of your money in your pocket.
  4. Taking A Look At Tax Havens

    These tax-free zones might sound appealing, but the consequences often aren't.
  5. Top 4 Most Scandalous Insider Trading Debacles

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  8. Playing The Sleuth In A Scandal Stock

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  9. Defining Illegal Insider Trading

    The better you understand why insider trading can be criminal, the better you'll understand how the market works.
  10. The Pioneers Of Financial Fraud

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