The following is at least as much opinion as fact, but if I say something that isn’t factual, please tell me.Our American version of democracy has never been pure or particularly representative. From women’s suffrage to civil rights to lobbyist influence to rumors that can spread around the world before truth gets up off the couch, something has always gotten in between a citizen’s wishes and her elected leaders.
Read more »How My Accountant Saved Me $15,000
It seems I have paid the government more than what was necessary over the past few years. When I first started earning money outside of my primary employer in 2004 or 2005, I assumed it would make the most sense to simply claim that income as self-employment income on Schedule C of the standard 1040 income tax return. It wasn’t such a bad idea; there was not a lot of paperwork involved.
Read more »Enforcing Tax Laws Works. Go Figure.
Earlier this Fall, the IRS was offering an amnesty program for offshore tax cheats to come forward and admit their wrongdoing, thereby getting a more lenient punishment.
Nearly 15,000 Americans who knew they were cheating came forward and admitted their bad behavior. From Reuters:
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