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Revision as of 03:54, 2 September 2026

Invincible? The government extends special treatment to no-one can. Famous movie star Wesley Snipes was faced with Failure to file Tax Returns from 1999 through 2004. Did he get away with that will? No! Even with his fancy expensive lawyers, Wesley Snipes received the maximum penalty because of not filing his tax returns - few years.

In fact, this column was inspired by an innovative York Times article that ran last week, arguing that generous tipping "is a technique that is guaranteed to no have an effect on your transfer pricing products and services." (1) Then why does the person being tipped pay tax?

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Muni bonds should be owned in your taxable brokerage accounts, and never in your IRA or 401K accounts because income in those accounts has already been tax-deferred.

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