Day: September 22, 2023

Mob Boss Al Capone Went To Jail Over TaxesMob Boss Al Capone Went To Jail Over Taxes

Mob Boss Al Capone was a known high spender and spent thousands on cloths, food and betting. He also did not file a tax return for many years. The FBI opened a file and started finding vendors that knew his spending habits. The IRS is looking at your spending and comparing to your income reported. Many transactions are non taxable but still need to be report on tax forms.