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Biggest Tax Cheaters of the Past Decade

With 30 percent of an average American's income going toward federal and state taxes, it's no wonder that some people cheat on their taxes. The $4.5 trillion that Americans pay in federal and state taxes is more than they will spend on food, clothing and housing combined, according to the Tax Foundation.

Tax Freedom Day -- the day when taxpayers will have worked enough to pay their taxes for the year -- was April 21, 2014. If federal borrowing is taken into account, that date was May 6, according to the foundation. That's a long time to start earning income for yourself. Some tax cheaters, especially the biggest cheaters, don't want to wait that long. They file fake tax returns, don't file and just plain lie to avoid paying taxes.

In fiscal 2013, the IRS increased criminal investigations related to identity theft by 66 percent from the previous year. Sentencing almost doubled to 438 cases, with prison terms ranging from two months to 317 months. Twenty-six years in prison is a lot of time to think about how being honest with the IRS might be more worthwhile.

Here are the worst and most widely known tax cheaters during the past decade who aren't celebrities, a group that's in a whole other world when it comes to avoiding taxes. The list isn't comprehensive because the Internal Revenue Service and Department of Justice don't publish lists of criminals with the highest tax bills.

A former newspaper journalist, Aaron Crowe is a freelance writer who specializes in personal finance, real estate and insurance for various websites, including Wisebread, insurance websites, MortgageLoan.com and AOL.

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Cities with the Lowest Tax Rates

The total amount of tax you pay reaches far beyond what you owe the federal government. Depending on where you live, most likely you're required to pay additional taxes, including property and sales tax. The disparity between the amount of tax you pay in a low-tax city and that in a high-tax city can be dramatic. Living in any of these 10 cities could save you a bundle, although the exact amount may fluctuate based on your income and lifestyle choices.

Cities with the Highest Tax Rates

Much ado is made in the press about federal tax brackets, but cities can carry a tax bite of their own. Even if you live in a state that has no income tax, your city may levy a variety of taxes that could eat away the entire benefit of living in an income tax-free state, including property taxes, sales taxes and auto taxes. Consider all the costs before you move to one of these cities, and understand that rates may change based on your family's income level.

Great Ways to Get Charitable Tax Deductions

Generally, when you give money to a charity, you can use the amount of that donation as a deduction on your tax return. However, not all charities qualify as tax-deductible organizations. While there are many types of charities, they must all meet certain criteria to be classified by the IRS as tax-deductible organizations. There are legitimate tax-deductible organizations in many popular categories, such as those listed below.

A Freelancer's Guide to Taxes

Freelancing certainly has its benefits, but it can result in a few complications come tax time. The Internal Revenue Service considers freelancers to be self-employed, so if you earn income as a freelancer you must file your taxes as a business owner. While you can take additional deductions if you are self-employed, you'll also face additional taxes in the form of the self-employment tax. Here are things to consider as a freelancer when filing your taxes.

Tax Deductions for Voluntary Interest Payments on Student Loans

Most taxpayers who pay interest on student loans can take a tax deduction for the expense ? and you can do this regardless of whether you itemize tax deductions on your return. The rules for claiming the deduction are the same whether the interest payments were required or voluntary.

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Why single out Madoff? there are thousands and thousands of them - let us start investigating with members of congress

March 16 2015 at 10:33 PM Report abuse +1 rate up rate down Reply

Re runs?

March 16 2015 at 6:38 PM Report abuse +1 rate up rate down Reply
1 reply to jdykbpl45's comment

Of course. AOL and DF found a way to piss-off bloggers and they have to steal some posts from last year

March 16 2015 at 10:34 PM Report abuse +1 rate up rate down Reply

Tim Geithner?

May 09 2014 at 4:48 PM Report abuse +1 rate up rate down Reply

REMEMBER YOUR STRUGGLES The writer is a Black man. The writer has been a fighter his whole life, for the position in which he mentally resides, upon the moralities and principles of and for, which this great country, THE UNITED STATES OF AMERICA, was conceived and still stands. The writer loves and is willing to die for what this country holds and cherishes most, the Constitution and the freedoms for which it offers. Freedom is the most precious thing to the AMERICAN PEOPLE. The First Amendment of the Constitution guarantees, free speech. When such freedoms and liberties are breached, in any measurement, Americans are at serious risk. What occurred to Mr. Sterling is nothing more than a POLITICALLY INSPIRED RUPTURE OF SUCH LIBERTY, produced by political out-cries, which can only be found in the backlashing of communal mawkishness, whose actions, are more imprudent than the comments made by Mr. Sterling, which should harvest thoughtfulness. The writer is coming out today to say to his fellow Americans, of all colors, ethnic type, gay or straight, that the writer is supporting Clipper owner Donald Sterling. So the question ascends why would the writer, a black man, support Donald Sterling? Laconically, the right to free speech, without any supporting rupture of the law to that speech, is protected under and by the law. The question becomes, does the punishment given to Mr. Sterling, fit his crime? Wait a minute, the oxymoron of this entire equation is, Mr. Sterling has only committed one crime and that crime is against himself, self-ignorant compartmentalized statements. Let Mr. Sterling deal with his own punishment, should he be punished at all. He has committed no wrong doing.


May 07 2014 at 1:35 PM Report abuse -1 rate up rate down Reply

no party excuses either

April 22 2014 at 1:08 PM Report abuse rate up rate down Reply

the madeoffs and other bad people need a stick witerpentin on it shoved up there arses to remind them they are to be punished wih all there rights taken away no excuses

April 22 2014 at 1:07 PM Report abuse rate up rate down Reply

bad people

April 22 2014 at 1:04 PM Report abuse rate up rate down Reply
Tom Wilson

unitedpaintings, Hi shut-in. How's tricks?

Tom "perhaps" with a question mark? You mean you're not sure.
******** That's correct. It's not apparent there exists help for narcissist.

April 22 2014 at 11:35 AM Report abuse rate up rate down Reply

Jimbo is a pretend pilot, he really works handling baggage.

April 22 2014 at 7:53 AM Report abuse rate up rate down Reply
Robert C Miller

Don`t forget Al Sharpton owes $1.2 million in back taxes. Why doesn`t Harry Reid send vicious dogs, snipers, and federal agents to Sharpton`s front porch to collect it?

April 22 2014 at 5:53 AM Report abuse rate up rate down Reply