IRS Tax Amnesty Yields Unprecedented Response From Tax Cheatseditor
"Second Chan...]]>Lawrence S. HornRichard J. Sapinski
That so many people believe the crap Obama is feeding us about illegal aliens getting amnesty and then “paying their taxes” like everyone else. Why? Because unless they are drug dealers or human traffickers and stupid enough to declare that income, none of them make enough money to actually...
for 2023, there is an exemption: the first $767,000 of gains (adjusted for inflation) is exempt from the exit tax. This means that only gains exceeding this threshold are subject to the exit tax.
Behind Door #2, we have voluntary disclosure and compliance. Those who take this route accept the responsibility for taxes owed, fines and penalties, hoping to avoid criminal prosecution - but there is no guarantee, unless the IRS offers an amnesty program. Those considering this option should ...
IRS Offers Amnesty In Bid to Combat Tax-Shelter Abuse.Reports on the penalties and regulations imposed by the United States Internal Revenue System on tax-shelter abuse and the reporting of income taxes.McKinnonJohnD.EBSCO_bspWall Street Journal Eastern Edition...
The article examines an act of tax amnesty that was offered by the state of New Jersey to state residents who had cheated on their tax returns and discusses the potential for such an offer to be extended by the U.S. Internal Revenue Service (IRS) on a national level. Arguments for and...
Presents an interview with Shirley Peterson, commissioner of the Internal Revenue Service (IRS). She discusses her opposition to a tax amnesty program and how the IRS can help people who want to pay their taxes but don't hav...
IRS offers temporary amnesty to tax evaders; April 15: Once period ends, IRS will start criminal probesASSOCIATED PRESS
Offshore Tax Evaders Take Advantage Of IRS AmnestySTEVE INSKEEP