Best image of tonight's moon was taken by Lou M it is on my phone and I am not sharing as his copyrights are priceless - Trade Mark of Colombia
The largest moon in 70 years
Here’s how to take a look at EVERY SINGLE Google search you have ever made ThaiTech
You have to tell your own story simultaneously as you hear and respond to the stories of others,” the poet Elizabeth Alexander wrote in contemplating power, possibility, and language as a tool of transformation
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No, this isn’t what “double entry bookkeeping” means. A government attorney reminds us of an inherent danger in business tax cheating. In remarks to a meeting of the California Tax Bar reported by Tax Analysts ($link), Tax Division Senior Litigation Counsel Mark Daly told of a technique to sniff out people who systematically underreport business income:
Daly said his favorite cases come from the IRS Criminal Investigation division’s business opportunity program, in which undercover agents pose as prospective buyers of a taxpayer’s business. He explained that when the agents request information on what they’re buying, the taxpayer will frequently show them a second set of books. The beauty is that the agents are wearing a wire and the taxpayer has basically written the search warrant, Daly added.We have seen cases where this has happened (see here and here), and it is apparently a standard part of the IRS toolkit.
Taxpayers will show the agents the tax returns but then say “that’s not really the gross receipts,” and it’s all on tape, Conte said, adding, “Within a few weeks of that meeting to buy the business, a search warrant will be executed [and] all the books and records will be seized.”
The risk of jail time and financial ruin aside, there is another inherent problem with this taxpayer tactic: it can’t help your credibility with a prospective buyer. “I lie to the IRS, but you can trust me” seems to be a less than persuasive pitch.