Illinois at work

The Illinois Prison system has a program to get prisoners back into the work force once released; it is their work release program. Work release is a program in which non-violent offenders are allowed to maintain a full or part-time job in the community but spend the...

Reasonable Cause Defense

Many taxpayers have tried to assert a reasonable-cause defense to avoid a tax penalty. In doing so, they have to prove their position was based on a reasonable cause and they acted in good faith. They must show that they exercised the same care that a reasonably...

100% Tax rate was proposed! Really!

When I stumbled across this little bit of history I could do anything but think “tax and spend”. In April 1942, when we had only been at war for 5 months or less, President Roosevelt proposed a top individual tax rate of 100%, declaring that amid “grave national...

Money Laundering

Money laundering is the process of changing large amounts of money obtained from crimes, such as drug trafficking, into origination from a legitimate source. So with that in mind traditional currency poses problems of its own for investigators. Bank notes are...

Criminal Masterminds

“Most career criminals were losers, lazy men and women who lacked impulse control and who sometimes got lucky.  Criminal Masterminds were for tv and books. Movies to probably” -Reed Farrel Coleman – Hangman’s Sonnet I struggle with the validity of this...

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