Tax Law News. Crime Stories, Law on News and Legal Publications in October, 2011

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Listeria outbreak: Victims file lawsuits, but will they receive damages?
Christian Science MonitorOctober 1, 2011

It wasn't long after officials linked a listeria outbreak with cantaloupe from a Colorado farm that wrongful-death and personal-injury lawsuits began to be filed. The outbreak, which is the deadliest food crisis in more than a decade, has killed at ...more »

Kodak denies bankruptcy plan but shares plummet
Economic TimesOctober 1, 2011

Eastman Kodak Co shares lost more than half their value on Friday as the company hired a law firm well-known for bankruptcy cases, triggering speculation that the photography pioneer could file for bankruptcy. Kodak, which delivered the first consumer ...more »

Tax Law News and Stories

Audit Defence
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Legal & Public Notices 10/16/11- Substitute Trustee's Sales, Trustee's Sales ...
Murfreesboro PostOctober 17, 2011

57 ON THE PLAN OF BRANDYWINE SUBDIVISION, PH II, A PLANNED UNIT DEVELOPMENT, AS OF RECORD IN PLAT BOOK 17, PAGE 52, REGISTER`S OFFICE FOR SAID COUNTY, TO WHICH PLAT REFERENCE IS HEREBY MADE FOR A MORE COMPLETE AND ACCURATE LEGAL DESCRIPTION. ...more »

Irs Filing & Compliance
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IRS "Tax-exempt" Workshops in Springfield and St Louis
Kansas City infoZineOctober 1, 2011

A “Tax Compliance Workshop for Small and Medium-Sized Tax-Exempt Organizations” will be held in St Louis on Nov. 1 and in Springfield on Nov. 3. Led by experienced IRS Exempt Organizations specialists, the workshop is designed especially for ...more »

Business Audit Defence
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Monroe County executive candidate calls for reform
Rochester Democrat and ChronicleOctober 3, 2011

Tougher laws and employment practices are needed to eliminate a "culture of corruption" at Monroe County's local development companies, Monroe County executive candidate Sandra Frankel said Sunday. Frankel, the Democratic challenger, said at a news ...more »

Personal Irs Disputes
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Internal Revenue Service Launches New Voluntary Classification Settlement ...
ESR NEWSOctober 3, 2011

If the IRS or state agencies determine that workers should have been classified as employees, then the business can be subject to fines, penalties, back taxes, and lawyer's fees. What happens if the audit results in a finding that the business was ...more »

Property Taxes
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Egypt's property tax to be postponed til 2013
Ahram OnlineOctober 3, 2011

News reports suggested Egypt's Cabinet had discussed amendments to be made to the property tax law on 21 September. An official at the Ministry of Finance said that the changes are related to increasing the tax exemption limit on annual rental income ...more »

Corporate Income Taxes
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Cain's 9-9-9 Math Raises Questions on Revenue
BloombergOctober 5, 2011

Herman Cain's bid for the Republican presidential nomination is fueled in part by his proposed US tax code overhaul that tax policy veterans say doesn't add up. Herman Cain's bid for the Republican ...more »

Sales Tax & Use Tax
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Ballots to be sent out this week
Canon City Daily RecordOctober 10, 2011

The increase in sales and use tax would begin Jan. 1, 2012, and would end after the first full payment or Dec. 31, 2022, whichever comes first. The project entails removing the 1980's addition to the Carnegie Building, and adding a glass, ...more »

Estate Taxes & Gift Taxes
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New items join RI's sale tax roster
Providence JournalOctober 1, 2011

The addition of new items to the sales tax was part of the $7.7-billion state budget that the legislature approved and Governor Chafee signed into law over the summer. The Chafee administration has developed new tax regulations, held informational ...more »

Tax Evasion Defence
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Judge resigns after investigation into alleged tax evasion
Jerusalem PostOctober 3, 2011

The Justice Ministry announced on Monday that a Tel Aviv Magistrates' Court judge has been investigated by the police on suspicion of evading taxes over a period of eight years. The tax authorities began to suspect Judge Dan Mor, ...more »

International Taxation
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Country needs new income tax law: PEW
The Nation, PakistanOctober 2, 2011

The Pakistan Economy Watch (PEW) on Sunday said that existing income tax laws have failed to deliver therefore country needs new and simple income tax law that is easily comprehensible, business friendly, fair and acceptable to all the stakeholders. ...more »

Tax Planning
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Year-End Tax Planning Easy and Free for Everyone -- Including You -- With ...
MarketWatch (press release)October 3, 2011

TaxACT is the only year-round Web-based federal tax planning and preparation solution, releasing preview versions in October and final versions in early January. "Preview versions of TaxACT give taxpayers an edge in year-end tax planning and savings," ...more »

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