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Davidv Erickson News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Loans Aren t Taxed By IRS, But Disguised Loans Can Be Criminal

If you borrow $10,000, is it taxable income? No, since you have to pay it back, it does not count as income if it’s a real loan. But IRS audits what is a loan.

United statesDavidv ericksonHalstead bay holdingsDepartment of justiceA department of justiceTax evasionTax fraudIrs audit discharge of debt incomeCod income1099 cLoan or incomeIrs auditIrs penalties

Up to $25,000 in Grants Available in February

Don't miss the $25,000 in grants available in February for everything from home-based businesses to manufacturing assistance programs.

United statesEphantus mwangiDavidv ericksonCitizens bankGrow initiative aims to boost federal contractingTrue payments solutions incUs small business administrationTraining programBiden harris administrationCommunity impactBusiness grantsOffers grantsPositive communityBusiness news februaryBusiness administrationApple vision pro redefines hybrid

Minnesota Tech Entrepreneur Indicted in Multi-Million Dollar Offshore Tax Evasion Scheme

Minnesota tech entrepreneur indicted in multi-million dollar offshore scheme with multiple counts of tax evasion and other charges.

United statesStuartm goldbergBoris bourgetAmandar scottAndrewm lugerDavidv ericksonHalstead bay holdingsJustice department tax divisionActing deputy assistant attorney general stuartJustice departmentTax divisionTrial attorneys amanda

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