A Status For Taxes - Part 1: Difference between revisions
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Revision as of 04:51, 19 October 2026
The old adage is crime doesn't pay, but one certainly can wonder sometimes about the truth of it given the amount of of politicians that look as if be counterfeiters! Regardless, the fact are usually making money from an offense doesn't mean you don't have to pay taxes. Correct. The IRS wants its unfair share of the ill gotten gains! In 2011, the IRS in addition to Congress, smart idea to have a more rigorous disclosure policy on foreign incomes which includes a new FBAR form that needs more detailed disclosure info.
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