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Revision as of 14:39, 1 September 2026

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One more week until Tax Night out. Have you filed yours yet? I haven't (probably should aboard that, actually), while using the I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I will even bother. Oh sure, there's the threat of prison time for tax evasion, but really, exactly what is the point if half the damn country isn't going to up and jump off scot-free?

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Defer or postpone paying taxes. Use strategies and investment vehicles to postpone paying tax now. Don't pay today what you can pay tomorrow. Give yourself the time use of your money. Granted you can put off paying a tax granted you contain the use of your money for one's purposes.

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The IRS collected $3.4 billion from GlaxoSmithKline for allegedly cheating on its taxes. The irs contended that running without shoes evaded taxes by making several inter company transactions to foreign affiliates regarding two of your patents and trademarks on popular drugs it possesses. That is known as offshore tax fraud.

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