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Bruno DiFabio pleads guilty to tax evasion

When a person in Missouri owns a business, he or she may think nothing of taking cash from the cash register to pay for needed items. Unfortunately, such a relatively simple act, if it occurs relatively frequently, could result in a federal investigation and accusations of tax evasion. In fact, Bruno DiFabio, owner of several restaurants …

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Special tax issues can come up for retirees

Individuals can face some unique tax issues as they get older and enter retirement. One of these special issues comes from the fact that many individuals have tax-deferred retirement savings accounts, such as 401(k)s and IRAs, as part of their retirement savings portfolio. A person generally can start withdrawing from these accounts, penalty-free, once they …

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