The Tax Benefits Of Real Estate Investing: Difference between revisions
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Revision as of 23:36, 4 February 2025
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The federal income tax statutes echos the language of the 16th amendment in stating that it reaches "all income from whatever source derived," (26 USC s. 61) including criminal enterprises; criminals who neglect to report their income accurately have been successfully prosecuted for Porn. Since the words of the amendment is clearly clearing away restrict the jurisdiction belonging to the courts, may not immediately clear why the courts emphasize the word what "all income" and ignore the derivation for the entire phrase to interpret this section - except to reach a desired political stem.
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