Learn About The Way A Tax Attorney Works: Difference between revisions

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Revision as of 20:04, 21 September 2024

Invincible? Alphonse Gabriel Capone, notoriously called "Scarface," ruled the streets of Chicago for over a decade (1919 - 1930) During these years, Capone rose to power through any means necessary, which included but was not limited to: bootlegging, gambling, prostitution, assault, theft, arson, and murder. When Elliot Ness brought down Capone in 1930, the authorities did donrrrt you have enough evidence to charge him with any of the above incidents. However, it is no real shock that the most famous Gagster in American History was arrested and jailed solely for income tax evasion.

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Large corporations use offshore tax shelters all time but they do it legally. If they brought a tax auditor in and showed them everything they did, if the auditor was honest, he could say issues are perfectly acceptable. That should also be your test. Ask yourself, if you brought an auditor in and showed them anything you did you reduce your tax load, would the auditor need to agree all you did was legal and above aboard?

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