The terms "tax evasion" and "tax avoidance" sound like they should be synonymous, but they are actually very different. Tax avoidance refers to using legal means to reduce the amount of taxes you owe. Tax evasion means not reporting all your income, and it is against...
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Month: July 2022
3 things to know about online gambling in New Jersey
According to the Unlawful Internet Gambling Enforcement Act (UIGEA), passed in 2006, U.S. banks cannot accept online payment for gambling activities. However, the law exempted online gambling within the borders of a state that legalizes such activities. In 2013, New...
How do embezzlement and larceny tie together?
Allegations of theft via embezzlement fall under larceny charges in New York statutes. This applies to missing or lost data, utilities and trademarks under theft laws, and a loss of money or property. Board of directors or employers may begin the initial investigation...