And millions of us may benefit. The dispute arose when more than 30 mutual life insurance companies became publicly traded corporations in the late 1990s and earlier this decade, in a process known as “demutualization.” Mutual companies are owned by their policyholders, so the companies provided stock and cash to compensate them for the...
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Posts Tagged ‘ IRS ’
Lone accountant takes on IRS and wins
Wesley Snipes has put tax protesters in the cross hairs of the IRS
Actor Wesley Snipes was found not guilty of federal tax fraud and conspiracy charges earlier this month. Basically he blamed it on the tax advice he received. Whether one believes that he didn’t know that when one earns $38 million you are likely to owe some tax, much less request a 12 million dollar...
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