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  1. The indictment alleges 20 counts of failure to pay Medicare, Social Security, and federal income taxes. Soupman, Inc. is based in Staten Island, and licenses the name and recipes ...

  2. If you only rent out your home for 14 days or less, then the IRS largely treats the enterprise as a nontaxable hobby. You don't have to pay tax on...allowed to claim rental-related deductions ...

  3. Perhaps most striking is the gap between Trump and the U...those who are owners of pass-through companies like S corporations — corporations that elect to pass corporate income, losses ...

  4. Last month, the KCBD Investigative Team reported on Lubbock city and county elected officials who were delinquent on their property taxes. During this investigation, our team also learned ...

  5. Unfortunately, the government hates the idea of independent contractors, and the IRS has skirmished with businesses for decades about the so-called worker classification issue. When a ...

  6. Now, Wells Fargo has been found liable in federal court for a 20% IRS negligence penalty in connection with an abusive tax shelter. Wells had claimed $350 million of foreign tax credits ...

  7. Clark Hayes, 56, of Richfield also failed to pay $872,000 to the government that he withheld from employees' income taxes. U.S. Northern District of Ohio Judge Christopher Boyko ...

  8. Traditionally, if you voluntarily go to the IRS, refiling your taxes to correct your tax evasion before the IRS discovers it, you won’t be prosecuted. In contrast, if the ...

  9. Your 401(k), 403(b) and IRA: Tax Shelter or Tax Nightmare?

    Kiplinger via Yahoo News16 minutes ago

    You might have to include more of your Social Security benefits as taxable income, and your Medicare Part B premiums can increase. These tax-deferred accounts are the only assets that ...

  10. President Trump revealed his first full budget this morning, and most of the attention rightly focuses on the very large spending restraint proposals. Tax reform is on track. For all the Beltway ...

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