Al Capone: Criminal Earnings are Taxable Income Al Capone was a famous gangster who was charged with the most severe tax crime: tax evasion. After he was imprisoned for just nine months for carrying a concealed weapon and two months for contempt of court, the feds began to build up a case of tax evasion against him. With millions …
Small Business Tax Mistakes To Avoid
Small Business Tax Mistakes to Avoid Small businesses are hit the hardest by taxes because they need to fulfill the many state and federal taxes, including payroll taxes, local taxes, self-employment taxes, sales taxes, excise taxes and more. Planning, preparing and filing these various taxes takes up much time, effort and resources. Not surprisingly, many small businesses find themselves non-compliant …