
Tax Avoidance vs Tax Evasion Explained | Accounting How To | Accounting Basics for Business Owners
Tax Avoidance vs Tax Evasion | Accounting How To is a short tutorial explaining the difference between tax avoidance and tax evasion. It discusses examples of tax avoidance and tax evasion. It offers rules to avoid tax evasion. This is an accounting tutorial for accounting students, business owners, and bookkeepers to explain accounting basics for beginners. Featuring Terrance the T-Account Rex and accounting educator, Caroline Grimm. This accounting tutorial is part of the playlist series: Accounting Basics for Business Owners. ⏰ Accounting How To Time Stamps: 00:00 Introduction 00:19 What is Tax Avoidance? 00:27 What is Tax Evasion? 00:30Examples of Tax Avoidance 01:03 Examples of Tax Evasion 01:45 Are Honest Mistakes Tax Evasion? 02:00 How to Avoid Tax Evasion? Playlists: Accounting Basics for Business Owners: https://www.youtube.com/watch?v=nzukAbk5_6k&list=PLPDomDzptO121toEKoHxiuGp-pwSIF3Uq 🔥 Smoking Hot Deal! Use this link https://quickbooks.grsm.io/accounting-how-to to access special pricing for new QuickBooks customers. Accounting How To receives a small commission if you sign up through this link. That helps keep this channel going and makes sure Terrance gets enough snacks so he doesn’t get hangry. Nobody likes a hangry T-Rex. 👹