Paying taxes: legal plan or big, fat sham?
Hello, and welcome to Legal Lad’s Quick and Dirty Tips for a More Lawful Life. I’m your host, Adam Freedman.
But first, your daily dose of legalese: This podcast does not create an attorney-client relationship with any listener. In other words, although I am a lawyer, I’m not your lawyer. In fact, we barely know each other. If you need personalized legal advice, contact an attorney in your community.
Today, with the memory of April 15 still fresh, we take a look at Taxes.
Do I Really Have to Pay Taxes?
When you filed your tax return this year, did you hear a little voice asking “is this really necessary?” If so, you’re not alone. Brandon from Louisiana asks:
Is there a law stating that I have to pay federal income taxes? If so, where is it in writing?
Well done, Brandon – it’s time that somebody had the nerve to ask that question. And I’m glad it wasn’t me. I think I can shed some light on this topic, even though the short answer is if you earn income, you probably have to pay federal income tax.