Re: Is rakeback taxable?
[ QUOTE ]
how many times does he have to explain it? it is very clear. it seems you want to be dense purposely just to save a few bucks.
[/ QUOTE ]
Unfortunately for him, and ESPECIALLY when dealing with Tax Law, ignorance of the law is not a defense, and the burden is on the taxpayer, not the government, to prove that they did no wrong. (At least for the government recovering damages and penalties).
|