The IRS Wants to Tax Your Illegal Income
Believe it or not, the federal government requires that money acquired through illegal means be reported and taxed just like legitimate income. The instructions are right there on the income tax form.
Believe it or not, the federal government requires that money acquired through illegal means be reported and taxed just like legitimate income. The instructions are right there on the income tax form.
Every year, tax season inspires Americans ... to gripe and complain. But rather than focus on the depressing side of your yearly ordeal, why not consider the more enjoyable things that taxes have inspired -- namely, a long list of films. On Oscar weekend, there's no better time to recall these taxing classics.
After a plea deal in federal court last week, euthanasia device maker Sharlotte Hydorn, 92, is out of business. But it wasn't the fact that she helped people commit suicide that got her in trouble -- it was failing to pay income tax on the profits from selling the suicide kits.





