Your IRS Questions Answered Here…
Question: I’m currently separated from my spouse, who owns his own business, and we are in the process of getting a divorce. I have always filed jointly with my spouse and now the IRS is sending me notices stating I owe $67,000. I have no idea how they are coming up with this amount as […]
Unusual Taxes Throughout History All Over the World
In ancient Egypt people were taxed on purchasing cooking oil. They were also forbidden from using the oil more than once. During the Middle Ages, European governments taxed soap. This law stayed in effect for years to come, with Great Britain taxing soap until 1835. Russian Emperor Peter the Great placed a tax on beards […]
Like Father Like Son Land Both in Jail
George Bussanich Sr., and his son George Bussanich Jr., of New Jersey both pleaded guilty in Newark federal court to one count of tax evasion. Bussanich Sr. also pleaded guilty to one count of bank fraud conspiracy. Between 2009 and 2012 the Bussaniches’ conspired to defraud mortgage lenders though two sham short sales of properties […]