Government Tax Deed Sales: Difference between revisions
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Revision as of 14:48, 22 September 2024
Invincible? Alphonse Gabriel Capone, notoriously called "Scarface," ruled the streets of Chicago for over a decade (1919 - 1930) During these years, Capone rose to power through any means necessary, which included but was not limited to: bootlegging, gambling, prostitution, assault, theft, arson, and murder. When Elliot Ness brought down Capone in 1930, the authorities did not have enough evidence to charge him with any of the above incidents. However, it is hardly surprising that the most famous Gagster in American History was arrested and jailed solely for income tax evasion.
B) Interest earned, however not paid, during a bond year, must be accrued following the bond year and reported as taxable income for your calendar year in how the bond year ends.
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