The IRS (THEIRS) has rules for everything, including your legal obligation to report property you have stolen as taxable income. Yes, you read that right. Thieves are required to report the fair market value of what they pilfer.
CARDELLO: Fraud Sounds Too Nice, Let’s Call It Stealing
There are two problems I see when I get frustrated over the lack of outrage about the billions of dollars stolen from social safety-net programs in Minnesota and probably beyond. One is that I don’t think fraud generates enough angst toward those who took something by deceptive practices, and the other is the unified effort … Read more