Income taxes
can you guys please give me the law that says i have to pay income tax. because all i can find is the 16th amendment and the it was put in to law in 1912 and the supreme court said that the amendment gave the goverment no new power to tax, and this country did not have income tax before 1912 and now we do!! so i was hoping you guys or ladies could give the exact law that states i have to pay tax on my income. thank you so very much for your time and services
Re: Income taxes
Obviously, you have been reading tax protester propaganda. I fight the IRS every day and I have never worked for the IRS. The Income Tax has repeatedly been held legal. The explanation is:
For federal income tax purposes, "gross income" means all income from whatever source derived and includes compensation for services. I.R.C. � 61. Any income, from whatever source, is presumed to be income under section 61, unless the taxpayer can establish that it is specifically exempted or excluded. In Reese v. United States, 24 F.3d 228, 231 (Fed. Cir. 1994), the court stated, "an abiding principle of federal tax law is that, absent an enumerated exception, gross income means all income from whatever source derived."
All compensation for personal services, no matter what the form of payment, must be included in gross income. This includes salary or wages paid in cash, as well as the value of property and other economic benefits received because of services performed, or to be performed in the future. Furthermore, criminal and civil penalties have been imposed against individuals relying upon this frivolous argument.
Please see:
http://www.irs.gov/businesses/small/article/0,,id=106503,00.html
I hope this helps!
Ron Cappuccio
www.taxesq.com