Tax Law News. Crime Stories, Law on News and Legal Publications in April, 2012

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More couples take the road less taken
Deccan HeraldApril 1, 2012

In an important decision aimed at changing the landscape for divorce seekers in the country, the Union cabinet recently approved a draft amendment to divorce laws, which would make it easier to for a couple to part ways. The cabinet's proposal seems to ...more »

AP News in Brief at 8:58 pm EDT
NECNApril 1, 2012

A luxury box at the stadium you can afford, but forget about buying the franchise and becoming the "No. 1 fan" of your favorite NFL or Major League Baseball team. The Los Angeles Dodgers just sold for $2 billion, besting the NFL record price of $1.1 ...more »

Tax Law News and Stories

Audit Defence
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Why would you need legal assistance? You might be surprised
Las Vegas Review-JournalApril 11, 2012

You need legal advice during an IRS audit. * A car breaks down while under warranty, and you need help getting the manufacturer or dealer to honor the warranty. * You're adopting a child and need a lawyer to help you complete the necessary paperwork ...more »

Irs Filing & Compliance
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Letter: Bidwell Mansion filings explained
Enterprise-RecordApril 10, 2012

They simply removed "Cooperating" from the name associated with that number. The BMA has consistently filed all required returns. No IRS employee has ever suggested to me any problem with BMA compliance, other than the now-corrected mix-up of EINs.more »

Business Audit Defence
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Block & Leviton Announces Filing of a Securities Class Action Lawsuit Against ...
MarketWatch (press release)April 2, 2012

BOSTON, April 2, 2012 /PRNewswire via COMTEX/ -- Block & Leviton LLP ( www.blockesq.com ), a Boston-based law firm representing investors nationwide, announces that a securities class action lawsuit was filed against Swisher Hygiene Inc. ("Swisher ...more »

Personal Irs Disputes
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Lawmakers still late paying taxes
Atlanta Journal ConstitutionApril 15, 2012

By Chris Joyner and James Salzer As Georgians face Tuesday's tax deadline, state legislators continue to have problems paying on time. Seven months ago, The Atlanta Journal-Constitution reported that the government had filed liens for overdue taxes ...more »

Property Taxes
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Reminder:Yolo County property taxes due April 10
Daily DemocratApril 1, 2012

Current law does not relieve property owners of payment responsibility or the imposition of penalties because of failure to receive a tax bill. Taxpayers now have the option of paying property taxes by credit card (plus convenience fee) or electronic ...more »

Corporate Income Taxes
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Income tax liability comes down, telephone bill goes up
Hindustan TimesApril 1, 2012

PTI With some of the key budgetary proposals coming into effect from Sunday, the tax payers will save some money on account of lower income tax liability, but will have to pay dearly towards essential services like telephone calls, beauty parlour ...more »

Sales Tax & Use Tax
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Ozark tax collections up $20000
Dothan EagleApril 6, 2012

OZARK—Ozark sales and use tax collections were up in March from February by nearly $20000, according to officials. According to city Chief Financial Officer Debbie Bruggink, March collections were $490282, down $5766 – or 1.2 percent – from March 2011 ...more »

Estate Taxes & Gift Taxes
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Obama takes on Republicans over tax fairness
Chicago TribuneApril 3, 2012

The budget proposal, passed by Republicans in the US House of Representatives last week, would reduce the deficit by cutting spending while reforming the tax code, including lowering the top rate of tax to 25 percent from 35 percent.more »

Tax Evasion Defence
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Brooklyn Charter School Founder Accused Of Fraud, Tax Evasion
NY1April 12, 2012

The founder of a network of Brooklyn charter schools has been indicted on 11 counts of fraud and tax evasion. Eddie Calderon-Melendez is the founder and former CEO of the beleaguered Williamsburg Charter High School and the Believe High Schools Network ...more »

International Taxation
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Monday newspaper round-up: RBS, LTROs, Indian tax law...
ShareCastApril 2, 2012

"The international business community has launched a stinging attack against the Indian government and its decision to introduce a retrospective tax law. The changes, which could crystallise a £1.4bn tax charge for Vodafone, threaten an exodus of ...more »

Tax Planning
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Kforce Announces Closing the Sale Of KCR and Gives Outlook for the Firm for ...
MarketWatch (press release)April 3, 2012

The transaction will result in a pre-tax book gain of approximately $36 million. In addition, the Firm announced a number of tax planning steps associated with the approximate taxable gain of $41 million, which will allow the Firm to defer all the tax ...more »

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