Willful attempt to evade or defeat a tax (i.e., tax evasion) is a felony offense that is punishable by a fine not to exceed $300,000 ($500,000 for corporations), reimbursement of the government's cost of prosecution, and/or imprisonment for a period not to exceed 5 years.

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The Answer of Willful attempt to evade or defeat a tax (i.e., tax evasion) is a felony offense that is punishable by a fine not to exceed $300,000 ($500,000 for corporations), reimbursement of the government's cost of prosecution, and/or imprisonment for a period not to exceed 5 years.

Willful Attempt to Evade or Defeat a Tax (I