Friday, November 6, 2015

By Mattie Knight


Year end is fast approaching and it is the right time for the IRS. This is the time to pay your taxes. This is the time when income earners will be scratching their heads. Actually, there are ways to deduct your payments and to consider a successful deduction to your taxes that could eliminate the importance of paying the taxes in a legal way. While some individuals are trying to escape from their responsibilities, anyone can actually use a certain way in avoiding this responsibility.

Keep in mind that avoiding tax is legal while tax evasion is a criminal act. Everyone should know and understand the difference between the two. As a citizen, paying for your annual tax is highly important for the economy of a country. From taxes, roads are repaired, schools are built, and more job opportunities. As a business owner or an individual taxpayer, you usually have many ways to complete your taxable transaction and to Avoid Paying Taxes Legally.

It is recommended that anybody do anything illegal. Evading taxes is very illegal which lead you to jail. However avoiding taxation responsibility is legal. Actually, there are several tax incentives anyone can enjoy. Thus, why do you have to risk yourself doing something illegal when you can still save money and still sleep at night properly.

It is also true that there are some people who are trying to evade the rules and laws of the country to benefit themselves. In fact, a lot of businesses and even companies try to do these things to earn high profits. Maybe, you have also heard a lot of things about tax evasion cases that involve big organizations and companies. Their license becomes revocable if they do not meet their obligations.

Individual taxpayers should also be careful with these things. When people miss their responsibilities to the government, the interest rates will also become high and hard for anyone to pay the whole amount. For example, individuals who are working in the show business usually fail to meet their obligations due to some reasons. That is why, they usually involve in cases filed by the taxation department.

Unfortunately, some people today are not usually paying their responsibilities because they are thinking that the funds that are intended for the people will be corrupted. This is actually the trend today, the corrupt officials. The government are less likely to develop more projects and just keep the budget for any developments. Corruption is a huge trend in the world today.

And because a lot of people pay for their responsibilities, the government must also do their part. They have to give opportunities to the public. This way, they will become more willing and happy to pay their obligations on time. They also have to consider their actions toward the citizens.

Thus, in order to avoid these things to happen, you should always follow the rules and regulations of the state. And since there are many ways to legally avoid paying your obligations, then you can take advantage from it. But, before you can avail that privilege, you also have to know and understand everything. You also need to know what your responsibilities are.

Because there are legal ways in avoiding such obligation, you should take this as an advantage to become a better citizen. You may help others such as donating something to them. This will make you a good citizen in your country.




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