Tax Rates Reflect Life: Difference between revisions
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Revision as of 17:25, 31 January 2025
Invincible? The irs extends special treatment to no one. Famous movie star Wesley Snipes was arrested with Failure organizing Tax Returns from 1999 through 04. Did he get away with doing it? No! Even with his fancy expensive lawyers, Wesley Snipes received the maximum penalty because of not filing his tax returns - 36 months.
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Large corporations use offshore tax shelters all period but they it rightly. If they brought a tax auditor in and showed them everything they did, if the auditor was honest, he'd say everything is perfectly small. That should also be your test. Ask yourself, your current products brought an auditor in and showed them all you did you reduce your tax load, would the auditor need to agree anything you did was legal and above stance?
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