- Jul 22, 2016
- 35,540
- 15,625
/----/ And people exaggerate their deductible expenses.I would guess that, of people whom claim charitable contributions, more people overtstate the true amount than understate them. That's cheating isn't it?
How the IRS Catches Tax Cheats & Liars
When civil and criminal penalties don't deter people from skipping out on their taxes, the IRS has other tools it can use.
www.investopedia.com