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3. Believe it or not, they would rather garnish wages (audit) and recoup the money instead of jail

Thu Nov 1, 2012, 12:23 PM

Nov 2012

But they don't have the resources to go after everyone who evades. You have to be proven to have willfully disregarded the tax code.

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Is tax evasion illegal? [View all] closeupready Nov 2012 OP

Tax evasion is illegal, usually penalized by wages garnished or jail. JaneyVee Nov 2012 #1

Thanks - kind of what I thought. closeupready Nov 2012 #2

How do you get 100 million dollars into a 401K..... daleanime Nov 2012 #4

If the growth is hidden in a 401k, it might not show in a recent tax return. JustABozoOnThisBus Nov 2012 #8

Well, it depends on who you are. DiverDave Nov 2012 #5

True - IOKIYAR. closeupready Nov 2012 #6