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eBay Powersellers Now Threatened By Possible Tax Audits

Based on the (thankfully) limited time I have spent in and around prison, there is a clearly defined pecking order amongst inmates, with child molesters occupying the nadir and (failed) bank robbers at the zenith. Illegal immigrants and petty crooks generally fall comfortably in the middle. But I wonder where someone being sent to prison [...]

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What a Criminal Tax Attorney Can Do To Help Get You Out of Trouble

Those who find themselves charged with some kind of criminal tax evasion may also be in the rather urgent need of a highly specialized criminal tax attorney. The reason(s) the tax authorities is after you may not matter that much. Regardless if you willingly filed false returns or if you forgot or simply made a [...]

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The Debate Over Regulation of Hedge Funds

One of the hottest topics, when Wall Street recently saw a market turmoil, was whether hedge funds need to be more strictly regulated. As a special investment vehicle designed for large institutions and rich personal investors, hedge funds are notorious for their ruthless trading strategies aiming to reap as high absolute returns as possible, which [...]

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Illegal Income Tax Question From Law School

From Letters of Marque:  Based on a discussion of illegal income in Income Tax today, I have a question. Caveat: we haven’t really talked about deductions, so the obvious answer to my question may not be so obvious. Suppose that I start work, after a long period of unemployment, in the final third of the [...]

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