tag:blogger.com,1999:blog-10221823.post114364422204574397..comments2024-01-05T02:49:13.756-06:00Comments on Out of the Binjo Ditch: But is it deductible?Stevehttp://www.blogger.com/profile/15148864091827107809noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-10221823.post-1143777452222145252006-03-30T21:57:00.000-06:002006-03-30T21:57:00.000-06:00Well, its probably income, because he didn't know ...Well, its probably income, because he didn't know he would have to give it back when he took it. And as we all no income gained through illegal means is still income...<BR/><BR/>I used to be an investigator for the US DOL and I had a case once where a 72 year old woman embezzled 500k I think she may still be in prison, they gave her 58 months, with time off for good behavior I think it was almost three years.<BR/><BR/>She used the money for a face lift and several other plastic surgery expenses among other things.Bellejarhttps://www.blogger.com/profile/00112915013299581053noreply@blogger.comtag:blogger.com,1999:blog-10221823.post-1143696235921606572006-03-29T23:23:00.000-06:002006-03-29T23:23:00.000-06:00What? Some guy steals lots of money from a charit...What? Some guy steals lots of money from a charity so he can say "Yes, Mistress Heather, I would like another" and all you can ask is if he has accession to wealth clearly realized?<BR/><BR/>And yes, you are still taxed on money acquired illegally. You must have skipped class to go eat at Zydeco that day. I kind of doubt that travel expenses would pass the "in pursuit of business" requirement.red.hot.mamma!https://www.blogger.com/profile/16009079438690150776noreply@blogger.com