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Top 10 Outrageous Things You Are Taxed On | You Won’t Believe This

LyfeAccounting

JULY 1, 2021

But in 1931, Capone was found guilty of 22 counts of federal income tax evasion and was convicted to 11 years in federal prison, in addition to $215,000 plus interest due on back taxes. You see, despite publicly displaying his wealth, Capone never filed a Federal tax return. And, we also offer tax resolution services.

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President Trump vs Biden Tax Plan Proposal in 2020

LyfeAccounting

OCTOBER 29, 2020

increase in taxes if you’re making over $400,000 under Biden‘s proposal. On the other hand, Trump would like to keep the 37% tax rate and has hinted at adjusting the middle income tax payer rate to 15%. Now Biden would like to see itemize deductions capped at 28% for the taxpayers with incomes over 400,000.

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