Residents of White Plains probably do not have to be told that the State of New York uses multiple different types of taxes in order to generate revenue for different government programs.
Are offshore accounts legal?
A previous post on this blog talked about how a family of prominent New Yorkers must now serve a few months in federal prison for their role in a fraudulent tax scheme. The scheme involved an offshore account from which the family would withdraw money under the table into their personal accounts without paying applicable taxes.
