Tax Filing Laws

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Tax Filing Laws

Question: What are the potential tax implications for Bernie Madoff?

What kind of tax laws would Madoff be subject to if he were to file a tax return?




Answer: What does he care? He doesn’t have anything anymore to pay with so the implications are nothing.

Taxpayers likely to put off cheerless task of filing return

Despite e-filing, 24-hour tax prep centers, easy-to-use computer programs and the lure of refunds, the IRS expects hundreds of thousands of people to file their tax returns barely before today’s deadline.

Tax Law, Real Estate & Credit Tips : Rules for Filing Chapter 13


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