Beware of schemes that promise large tax deductions or tax-free income

Author: External Author | | Categories: Accountant , Bookkeeping , Payroll , Tax Returns , Taxes

Tax schemes are plans and arrangements that try to deceive taxpayers by promising to reduce the tax they owe, for example, through large deductions, increased rebates or promises of tax-free income. Tax schemes can include illegitimate ways of convincing people to pay less tax or to increase their claims for credits and benefits.

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Original Article Source Credits:   CANADA ,

Article Written By:  NA

Original Article Posted on:  September 3, 2020

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