Thread: Embezzled funds

In my accounting book an income from those funds has to be reported for tax purposes. An Oxford dictionary gives quite poor explanation. What does it particularly mean?

I'm no lawyer, so if you want a professional opinion... ? I guess if you did want a professional you woudn't be asking on the internet

-If I have embezzled funds, it means I've stolen money from a company, and given that money to my personal account.

I don't really think that embezzlers put that on their tax returns anymore than bank robbers take deductions for miles on their get-away cars.

Originally Posted by DDT

....anymore than bank robbers take deductions for miles on their get-away cars.

Sooo... that's why I got caught!