September 27, 2010
If you’re a wage earning taxpayer, chances are that you’re already familiar with Form W-2. For paid employees (ie, most taxpayers) the W-2 is among the most crucial of tax documents. Form W-2 is an information return document, on which employers report an employee’s total wages paid, and taxes paid on those wages. The form is [...]
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September 27, 2010
Bernie Madoff’s arrest in December of 2008 brought renewed attention to the concept of a Ponzi scheme. The close cousin of the Ponzi scheme, named for Charles Ponzi who swindled investors in the 1920’s, is a “pyramid scheme.” Similar to a Ponzi scheme, a pyramid scheme is a form of fraud that promises participants payment [...]
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