Results tagged “taxrelief”

In a rare show of decency, the IRS will—get this—ever so kindly allow Madoff and other Ponzi victims to not pay taxes on money they didn't earn! The IRS is considering issuing refunds to people who paid taxes on money that Madoff claimed to have made for them, but which was really just holding in his giant temple of devastation. Say, can we get refunds on taxes we paid on investments that declined massively in value? Probably not! One can't expect too much from the IRS. [AP via Globe] more ›