IWM Investment Management Traverse City MI
Wealth Management Services In Traverse City
MI

Taxes Paid on Earnings from Ponzi Scheme

This NPR story discusses the interesting issue of what to do with money paid for taxes on earnings that didn't actually exist. "The IRS has been the biggest beneficiary of Madoff's fraud." It'll be interesting to see if anything comes back from the IRS on this. Here is a link to the story: Madoff Victim Says She Lost Life Savings

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