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Tax Evasion In The United States
Under the federal law of the United States of America, tax evasion or tax fraud is the purposeful illegal attempt of a taxpayer to evade assessment or payment of a tax imposed by Federal law. Conviction of tax evasion may result in fines and imprisonment. Compared to other countries, Americans are more likely to pay their taxes on time and law-abidingly. Tax evasion is separate from tax avoidance, which is the legal utilization of the tax regime to one's advantage to reduce the amount of tax that is payable by means that are within the law. For example, a person can legally avoid some taxes by refusing to earn more taxable income or buying fewer things subject to Sales taxes in the United States, sales taxes. Tax evasion is illegal, while tax avoidance is legal. In ''Gregory v. Helvering'' the US Supreme Court concurred with Judge Learned Hand's statement that: "Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Toledo News-Bee, April 24, 1916
''The'' is a grammatical Article (grammar), article in English language, English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the Most common words in English, most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a con ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charitable Contribution Deductions In The United States
Charitable contribution deductions for United States Federal Income Tax purposes are defined in section 170(c) of the Internal Revenue Code as contributions to or for the use of certain nonprofit enterprises. Exclusions of certain amounts from deduction Certain portions of the market value of non-cash donations, such as short-term capital gains, are made non-deductible by I.R.C. 170(e)(1)(A). Organization eligibility An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows: *Synagogues, churches and other religious organizations; *A fraternal order or lodge *An organization of war veterans *Any level of government if the contribution is made for exclusively public purposes *An organization ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Syphilis
Syphilis () is a sexually transmitted infection caused by the bacterium ''Treponema pallidum'' subspecies ''pallidum''. The signs and symptoms depend on the stage it presents: primary, secondary, latent syphilis, latent or tertiary. The primary stage classically presents with a single chancre (a firm, painless, non-itchy Ulcer_(dermatology), skin ulceration usually between 1 cm and 2 cm in diameter), though there may be multiple sores. In secondary syphilis, a diffuse rash occurs, which frequently involves the palms of the hands and soles of the feet. There may also be sores in the mouth or vagina. Latent syphilis has no symptoms and can last years. In tertiary syphilis, there are Gumma (pathology), gummas (soft, non-cancerous growths), neurological problems, or heart symptoms. Syphilis has been known as "The Great Imitator, the great imitator", because it may cause symptoms similar to many other diseases. Syphilis is most commonly spread through human sexual activi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcatraz Island
Alcatraz Island () is a small island about 1.25 miles offshore from San Francisco in San Francisco Bay, California, near the Golden Gate, Golden Gate Strait. The island was developed in the mid-19th century with facilities for a Alcatraz Island Lighthouse, lighthouse, a military fortification, and a military prison. In 1934, the island was converted into a federal prison, Alcatraz Federal Penitentiary. The strong tidal currents around the island and ice-cold water temperatures made escape nearly impossible, giving the prison one of the most notorious reputations of its kind in American history. The prison closed on March 21, 1963, leaving the island a major tourist attraction today. Beginning in November 1969, the island was Occupation of Alcatraz, occupied for more than 19 months by a group of Native Americans in the United States, Native Americans, initially primarily from San Francisco, who were later joined by the American Indian Movement and other urban Native Americans ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whistle Blower
Whistleblowing (also whistle-blowing or whistle blowing) is the activity of a person, often an employee, revealing information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe, unethical or fraudulent. Whistleblowers can use a variety of internal or external channels to communicate information or allegations. Over 83% of whistleblowers report internally to a supervisor, human resources, compliance, or a neutral third party within the company, hoping that the company will address and correct the issues. A whistleblower can also bring allegations to light by communicating with external entities, such as the media, government, or law enforcement. Some countries legislate as to what constitutes a protected disclosure, and the permissible methods of presenting a disclosure. Whistleblowing can occur in the private sector or the public sector. Whistleblowers often face retaliation for their disclosure, including termination of emp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Whistleblower Office
The IRS Whistleblower Office is a branch of the United States Internal Revenue Service that will "process tips received from individuals, who spot tax problems in their workplace, while conducting day-to-day personal business or anywhere else they may be encountered." Tipsters should use IRForm 211to make a claim. History and operations The program has existed since the 1800s in various forms and is intended to uncover companies and individuals who are underpaying their taxes or otherwise committing tax fraud. To motivate people to notify the IRS of first-hand knowledge of tax-evasion schemes, such as improper tax shelters or transfer pricing abuse, the U.S. Congress directed the IRS to pay tipsters at least 15% and as much as 30% of taxes, penalties, and interest collected in cases where $2 million or more is at stake. 2006 Amendments Establishing the Whistleblower Office Section 406 of the Tax Relief and Health Care Act of 2006 and Section 7623(b) of the Internal Revenue Co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tax Relief And Health Care Act Of 2006
The Tax Relief and Health Care Act of 2006 (, ), includes a package of tax extenders, provisions affecting health savings accounts and other provisions in the United States. Tax provisions Extenders The Act retroactively extended for two years (through December 31, 2007) certain provisions that had expired at the end of 2005, including: * Above the line deduction for qualified tuition and higher education expenses * Elective itemized deduction for state and local general sales taxes (in lieu of a deduction for state and local income taxes) * Research credit * For tax years ending after December 31, 2006, the Act also modifies the rules for calculating the research credit: it increases the rates of the alternative incremental credit and creates a new alternative simplified credit * Work opportunity tax credit, welfare-to-work tax credit * Tax credit for Qualified Zone Academy Bonds * Up to $250 above-the-line deduction for certain expenses of elementary and secondary school ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Estimates Of Lost Government Revenue
In the Westminster system of government, the ''Estimates'' are an outline of government spending for the following fiscal year presented by the cabinet to parliament. The Estimates are drawn up by bureaucrats in the finance ministry in collaboration with cabinet ministers. They consist of detailed reports on how each department or ministry will spend its money. The estimates are normally introduced in the responsible chamber (the lower house in bicameral parliaments) just prior to the main Budget Day, which gives them time to be analyzed by House committees. Unlike the budget, the estimates contain no references to fiscal policy, long-term goals, or funding. After each section is reviewed by the relevant committee the entire Estimates are voted on as one bill. Defeat on the vote is treated as loss of supply Loss of supply occurs where a government in a parliamentary democracy using the Westminster System or a system derived from it is denied a supply of treasury or exche ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Slemrod, Joel
Joel Brian Slemrod (born July 14, 1951) is an American economist and academic, currently serving as a professor of economics at the University of Michigan and the Paul W. McCracken Collegiate Professor of Business Economics and Public Policy at the Stephen M. Ross School of Business at the University of Michigan. Education He earned a Bachelor of Arts degree from Princeton University in 1973 and a Ph.D. in economics from Harvard University in 1980. Career Slemrod has served on the faculty of the University of Michigan since 1987, and does research on taxation, with a focus on taxation of personal income. He is co-author of ''Taxing Ourselves: A Citizen's Guide to the Great Debate over Tax Reform'' and the editor of Does Atlas Shrug? The Economic Consequences of Taxing the Rich. Slemrod also serves as Director of the Office of Tax Policy Research, which is a research center at the University of Michigan on matters of tax policy. In 2001, Slemrod shared an Ig Nobel Prize with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
20220826 Share Of Unpaid Taxes, By Income Level - Area Chart, Treemap - NYTimes - Dept Of Treasury
8 (eight) is the natural number following 7 and preceding 9. Etymology English ''eight'', from Old English '', æhta'', Proto-Germanic ''*ahto'' is a direct continuation of Proto-Indo-European '' *oḱtṓ(w)-'', and as such cognate with Greek and Latin , both of which stems are reflected by the English prefix oct(o)-, as in the ordinal adjective ''octaval'' or ''octavary'', the distributive adjective is ''octonary''. The adjective ''octuple'' (Latin ) may also be used as a noun, meaning "a set of eight items"; the diminutive ''octuplet'' is mostly used to refer to eight siblings delivered in one birth. The Semitic numeral is based on a root ''*θmn-'', whence Akkadian ''smn-'', Arabic ''ṯmn-'', Hebrew ''šmn-'' etc. The Chinese numeral, written (Mandarin: ''bā''; Cantonese: ''baat''), is from Old Chinese ''*priāt-'', ultimately from Sino-Tibetan ''b-r-gyat'' or ''b-g-ryat'' which also yielded Tibetan '' brgyat''. It has been argued that, as the cardinal num ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Money Laundering
Money laundering is the process of illegally concealing the origin of money obtained from illicit activities (often known as dirty money) such as drug trafficking, sex work, terrorism, corruption, and embezzlement, and converting the funds into a seemingly legitimate source, usually through a front organization. Money laundering is illegal; the acts generating the money almost always are themselves criminal in some way (for if not, the money would not need to be laundered). As financial crime has become more complex and financial intelligence is more important in combating international crime and terrorism, money laundering has become a prominent political, economic, and legal debate. Most countries implement some anti-money-laundering measures. In the past, the term "money laundering" was applied only to financial transactions related to organized crime. Today its definition is often expanded by government and international regulators such as the US Office of the Comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Al Capone
Alphonse Gabriel Capone ( ; ; January 17, 1899 – January 25, 1947), sometimes known by the nickname "Scarface", was an American organized crime, gangster and businessman who attained notoriety during the Prohibition era as the co-founder and boss of the Chicago Outfit from 1925 to 1931. His seven-year reign as a crime boss ended when he was imprisoned at the age of 33. Capone was born in New York City in 1899 to Italian Americans, Italian immigrants. He joined the Five Points Gang as a teenager and became a bouncer in organized crime premises such as brothels. In his early twenties, Capone moved to Chicago and became a bodyguard of Johnny Torrio, head of a criminal syndicate that rum-running, illegally supplied alcohol—the forerunner of the Outfit—and was politically protected through the Unione Siciliana. A conflict with the North Side Gang was instrumental in Capone's rise and fall. Torrio went into retirement after North Side gunmen almost killed him, handing c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
