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Revision as of 17:36, 2 October 2024

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Offshore tax evasion is crime in several onshore countries and includes jail time so it should be avoided. On the other hand, offshore tax planning is Actually crime.

Defenders for the IRS position would say it comes home to Section 61. The waitress provided a service for me, and I paid for this. Compensation for services is taxable. End of case.

Minimize income taxes. When it comes to taxable income it isn't how much you make but simply how much you get to keep that means something. Monitor the latest modifications in tax law so you pay the least amount possible.

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