Annual Taxes - Humor In The Drudgery: Difference between revisions

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Revision as of 11:49, 21 September 2024

The old adage is crime doesn't pay, only one certainly can wonder sometimes about the truth of it given the amount of of politicians that frequently be criminals! Regardless, the fact an individual making money from an offence doesn't mean you don't have to pay taxes. That's right. The IRS wants its unfair share of your ill gotten gains!

B) Interest earned, instead of paid, throughout a bond year, must be accrued following the bond year and reported as taxable income for your calendar year in which the bond year ends.

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