|
|
- NEWSLETTERS
- MOBILE APPS
-
ADD TIME NEWS
TAXES: One-Way Mistakes
After checking 160,000 income-tax statements, the Bureau of Internal Revenue concluded that one in four returns are wrong by at least $2, and almost always in the taxpayer's favor. Worst offenders are farmers, professional men and owners of small businesses. The trouble lies not in innocent mistakes of addition, the bureau found, but in incorrect statements of income, too generous personal deductions, bogus exemptions for dependents. Altogether such "errors," as the bureau politely calls them, probably cheated the Government out of $1 billion.
Most Popular »
- Why Brittany Murphy Is Worth Remembering
- Israel vs. Hizballah: Drumbeats of War
- No Churchgoing Christmas for the First Family
- The Pentagon Prepares for a Missile Attack from 'Iran'
- Lindsey Graham: New GOP Maverick in the Senate
- Should the U.S. Destroy Jihadist Websites?
- Will Bad Blood Scuttle the Pacquiao-Mayweather Fight?
- In Germany, a Disturbing Rise of Right-Wing Violence
- Sean Goldman: Home by Christmas?
- How Panera Bread Defies the Recession
- How Panera Bread Defies the Recession
- Why Brittany Murphy Is Worth Remembering
- Hong Kong: 10 Things to Do in 24 Hours
- Michael Schumacher: F1 Star to Return
- The Job Market: Is a College Degree Worth Less?
- Obama Shrinks the War on Terrorism
- Lindsey Graham: New GOP Maverick in the Senate
- Domestic Terror Incidents Hit a Peak in 2009
- Tapping Into India's Growing Alcohol Market
- Dear President Obama: What North Korea Might Say





RSS