memo on tax

Research Assignment: Memo on Tax Evasion

Scenario

Jayanna is an advertising consultant who is thinking about telling some of her clients to pay her in cash so she wont have to report the income on her tax return. Before she goes down this road, shes asked for your advice.

Your Task

• Use a reliable tax research service or resource to identify:

1. The three basic elements of tax evasion.
2. The penalties associated with tax evasion.

• Write a professional memo to Jayanna explaining:
• What tax evasion is.
• Why her idea is risky and illegal.
• The serious consequences she could face if she chooses this path.

Submission Guidelines

• Your memo should be at least one page in length and in proper memo format.
• Write everything in your own words (no AI-generated responses, no plagiarism).
• Include properly cited sources and a Works Cited page.
• Submit your completed assignment as a Microsoft Word document through this assignment link.