Question: Write at least a paragraph (more than 2 sentences) describing the difference between tax avoidance and tax evasion. DO NOT CUT AND PASTE YOUR ANSWER

  1. Write at least a paragraph (more than 2 sentences) describing the difference between tax avoidance and tax evasion. DO NOT CUT AND PASTE YOUR ANSWER - MUST BE ORIGINAL WRITING
  2. List and define the four variables of tax planning.
  3. Explain the difference between marginal and average tax rates.
  4. How do you determine basis for:
  5. An item purchased from a distributor
  6. An item inherited from someone
  7. An item swapped for services provided
  8. An item gifted to you

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