The IRS estimates that nearly 17% of taxpayers fail to comply with the tax code, but that less than 1% is actually ever convicted of a tax crime. Service industry employees whose income is mostly derived from tips and other…
It sounds like something with clear malicious intent. If you’re charged with tax fraud, you must have known what you were doing and thought you were clever enough to cheat the system.
But as everyone who…
Category: Tax Law
Trump Executive Action Promoting Religious Liberty
1954 Johnson Amendment
By: John T. Floyd
The Johnson Amendment of 1954 is a provision to the U.S Tax Code that prohibits certain political activities by religious and other non-profit organizations. According to…