Prepare a paper on tax law and accounting. In your paper, be sure to include the following:
a. Define the objectives of modern income tax statutes
b. Compare and contrast Generally Accepted Accounting Principles (GAAP) and tax accounting, and explain why they are different
c. Differentiate between tax avoidance and tax evasion
Use our assigned readings, Electronic Reading Reserve (ERR) articles, the Internet, and other resources to locate information to support the arguments in your paper. Be sure to properly cite your references. If you used an electronic source, include the URL. If you used a printed source, please attach a copy of the data to your paper.