On Thursday, April 24, Hollywood actor Wesley Snipes has been given three years of prison time. He has been found guilty on the charges of three counts of misdemeanors of not filing his tax returns. Three years was the maximum punishment that the prosecutors had requested the judge to hand to Snipes. In a gesture […]
Actor Snipes Found Not Guilty of Tax Fraud
Actor Wesley Snipes has been found not guilty of tax fraud and conspiracy charges, but was convicted on three misdemeanor counts of failing to file a tax return. Snipes and two co-defendants, a de-licensed accountant and a tax protest leader, were indicted in 2006. Snipes was also indicted on six counts of willful failure to […]
TurboTax 2007 Review
Yes, it is that time of the year again and taxes are certainly on many of people’s minds. Some will enjoy what they believe to be the gift of a refund from the government, while others will certainly be parting with their hard-earned cash. Regardless of where you stand in the grand scheme of the […]
Effects of Outsourcing IT Positions to Low Cost Countries
BACKGROUND: Off shoring – the transfer of high wage U.S. jobs to lower cost overseas locations especially in Banking Industry is enabled by improved communications technologies and driven by the desire of corporations to establish a business presence in potentially lucrative foreign markets as well as to take advantage of the lower costs of production […]
Google Executives receive $1 salary; Billions in Fringe benefits.
Google Executives recieve $1 salary. Billions in Fringe benefits. The three top executives at Google Inc. racked in a cool $1 in their 2006 total salary earnings according to a regulatory filing made Wednesday. Chief Executive Eric Schmidt and co founders Larry page and Sergey Brin pocketed their $1 checks and the usual […]
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