Question
Using the legend provided below, classify each of the following statements:A=Tax AvoidanceE=Tax EvasionN=Neither a. Sue writes a $707 check for a charitable contribution on December
Using the legend provided below, classify each of the following statements:A=Tax AvoidanceE=Tax EvasionN=Neither
a. Sue writes a $707 check for a charitable contribution on December 26, 2021, but she does not mail the check to the charity until January 10, 2021. She takes the donation in 2021
.b. Sam decides not to report interest income from a bank because the amount is only $19.75.
c. Harry pays property taxes on his home in December 2021 rather than waiting until February 2022.
d. Variet switches her investments from taxable corporate bonds to tax-exempt municipal bonds.e. Mel encourages his mother to save her Social Security benefits so that he will be able to claim her as a dependent.
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