Author name: anckrdev

Over the past year, cryptocurrencies like Bitcon and Ethereum have soared in popularity. Once an underground trend known only to a select few investors, cryptocurrency is now better known than ever. But as more people choose to invest in Bitcoin and other cryptocurrencies, they are encountering an issue that they probably hadn’t thought about: How […]

Everyone has to pay taxes, and everyone usually tries to pay as few taxes as possible. There are a few legal ways to use the tax code to one’s advantage. This is generally considered tax avoidance, and it is not necessarily a bad thing. There are also a few illegal ways to exploit the tax

The Internal Revenue Service’s Criminal Investigation Division (CI) has released its annual report detailing the investigation of tax-related criminal activity. Every year, the agency releases this report in order to highlight its major accomplishments in pursuing financial crime. This year’s report shows a decrease in the number of cases that the CI was able to investigate, but

The nation is currently facing a massive tax overhaul at the national level, and so is Missouri in its state legislature. Two proposals currently in the Missouri House and the Missouri Senate aim to significantly overhaul the state’s tax code. Notably, the legislation would increase tax cuts, cap several tax credits and decrease state revenue

Any fan of the TV show Seinfeld remembers the classic soup restaurant episode and its now-infamous star character: A chef with strict orders on how customers were allowed to order soup. The television episode is a mainstay of ’90s pop culture and has popped up again in 2017– for a much less funny reason. The former Chief

What are some things that go well with donuts? Coffee, milk, hot tea and… a sales tax dispute? No, taxes are not something that most people associate with donuts. But for one popular chain of donut shops located in Missouri, the two seem to go hand in hand. The popular donut-and-coffee chain Tim Hortons recently

There’s only one thing that everyone loves more than paying taxes—being audited. All right, maybe not. Still, because the IRS frequently uses randomization to determine which returns to audit, every taxpayer faces the possibility of an audit each year. Being audited is not necessarily a bad thing. Many people believe that they could face jail

Sure, no one likes to pay taxes. Tax evasion is a serious crime, but that doesn’t stop some people from trying to get away with it. Some cases of tax evasion are so brazen that it seems inconceivable that the perpetrator thought they could get away with it. These particular cases of tax evasion have become notorious,