Archived posting to the Leica Users Group, 2006/07/13

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Subject: [Leica] OT: Accounting questions - EU/US
From: red735i at earthlink.net (Frank Filippone)
Date: Thu Jul 13 11:33:27 2006

Bill... ever been income tax audited, just because you were randomly 
selected?

Ain't fun. 

Don't mess with not paying taxes.  It is considered tax fraud.  And it is 
suspicious looking to people that are looking for
suspicions ( likely reference to McCarthy era Commie Inquisitions).

You can always be creative with allocation of deductions to lower  your tax 
bill.  If you collect your fees and leave your profits
here in the US, I am not sure you have a foreign income to deal with.....?

Frank Filippone
red735i@earthlink.net 

The US government would be doing well to catch the "friends" of O.B.L. They 
are not interested in catching others. 




In reply to: Message from wrs111445 at yahoo.com (Bill Smith) ([Leica] OT: Accounting questions - EU/US)