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The courts have generally held that direct taxes are limited to taxes on people (variously called capitation, poll tax or head tax) and property. (Penn Mutual Indemnity Corp. v. C.I.R., 227 F.2d 16, 19-20 (3rd Cir. 1960).) Various other taxes are typically called “indirect taxes,” within their tax an event, rather than human being or…

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If the like an other businesses, the tough economy has hit you a difficult endeavor. It may be that you just had a working that failed, or that owe quite a bit of tax debt from of course sale of the house for instance. But what would you do should you can’t manage to pay…

Invincible? Alphonse Gabriel Capone, notoriously because “Scarface,” ruled the streets of Chicago for over a decade (1919 – 1930) During these years, Capone rose to power through any means necessary, which included but was not limited to: bootlegging, gambling, prostitution, assault, theft, arson, and murder. When Elliot Ness brought down Capone in 1930, the authorities…

Note: The article author is not really CPA or tax professional. This article is for general information purposes, and need to not be construed as tax details. Readers are strongly motivated to consult their tax professional regarding their personal tax situation. Banks and payday loan company become heavy with foreclosed properties once the housing market…

Invincible? Alphonse Gabriel Capone, notoriously in order to “Scarface,” ruled the streets of Chicago for over a decade (1919 – 1930) During these years, Capone rose to power through any means necessary, including but was not limited to: bootlegging, gambling, prostitution, assault, theft, arson, and murder. When Elliot Ness brought down Capone in 1930, the…

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