Tax Resolution Attorney John P. Willis Reminds Taxpayers That They Must Report All Money Or The Value Of Items They Steal Along With Any Money Found On The Street.
Tax resolution attorney John Willis, CEO and founder of IRSALLSTAR shares a real law with very humorous undertones with readers as a reminder at the start of tax season.
Fairhope, AL, January 24, 2022: Tax Attorney John Willis, CEO and founder of IRSALLSTAR.com, recently published a blog on his website entitled “Report All The Money You Steal Or Find On The Street On Your Tax Return,” in which Mr. Willis acknowledges the legality even though he cannot overlook the humorous expectation of honesty by the IRS.
Willis admits, “I literally laughed out loud as I was researching for this blog and came across an article entitled, Don’t Forget To Declare Income From Stolen Goods And Illegal Activities, IRS Says.” He continues, “I simply couldn’t let this one go! Apparently the article went viral on social media and I can see why.” He goes on to say, “As a tax attorney I had all kinds of funny thoughts and images immediately pop into my head. I mean here’s an entire subset of new clients to market to!”
Willis goes on to quote from the article which states, The agency (IRS) also requests that “if you steal property, you must report its fair market value,” but only if you don’t “return it to its rightful owner in the same year.” https://www.nbcnews.com/business/taxes/dont-forget-declare-income-stolen-goods-illegal-activities-irs-says-rcna10345 He reminds his readers, “If you get paid to do something illegal or even if you find money on the street, the IRS considers that taxable income! So don’t forget to report it!”
The entire blog can be read at: LINK HERE
ABOUT JOHN WILLIS
Mr. Willis believes strongly in supporting and representing the “underdog” and has devoted his entire professional life to protecting and defending those who need it most. As an attorney, Mr. Willis takes his role as “counselor” seriously. His knowledge, creativity and persistence are valuable assets that provide substantial benefits to his clients. He has represented individuals and businesses across the Gulf Coast for over 23 years and, he brings together an abundance of skills and experience that can be of assistance to almost anyone.
ABOUT THE IRSALLSTAR TEAM
The IRSALLSTAR team has developed a winning formula to ensure that each client’s individual needs are specifically met. Upon becoming a client of Mr. Willis’ law firm, that client’s immediate needs are assessed, and long-term goals are defined. Experienced professionals on the IRSALLSTAR team then assist each client in developing and implementing a custom-tailored game plan to provide both short-term and long-term relief from his or her serious tax problems. All firm clients are continually coached toward successful tax resolution and final victory over their challenges with the IRS and state taxing authorities. The entire blog can be found at http://irsallstar.com/blog/irs-tax-controversy-even-death-cant-stop-the-irs.php
To learn more about Mr. Willis and his law firm please visit http://irsallstar.com or call toll-free 877-254-4254.