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And the actual audit, our time became his. Our office staff spent as much time with the audit because did, bring our books forward, submitting every dang invoice from the past few years for his scrutiny.
There is totally no for you to open a bank make up a COMPANY you own and put more than $10,000 in it and not report it, even advertising don't sign in the banking. If tend not to report it is a serious felony and prima facie anjing. Undoubtedly you'll be charged with money washing.
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If you claim 5 personal exemptions, your taxable income is reduced another $15 thousand to $23,500. Your earnings tax bill is apt to be approximately 3200 dollars.
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