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

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The Unrepentant Sinner
VanguardApril 1, 2012

He persecuted Christians and, even after converting to Christianity, Paul still boasts he was blameless under the law. He says: “Concerning zeal, persecuting the Church; concerning the righteousness which is in the law, blameless.” (Philippians 3:6).more »

Commentary: Eagles well-positioned to handle loss of Jason Peters
The RepublicApril 1, 2012

When DeMeco Ryans was available, they had the cap space and surplus draft picks to get him. When DeSean Jackson and Evan Mathis reached the end of their contracts, the Eagles had the money to keep them. They had enough flexibility to extend Trent Cole ...more »

Tax Law News and Stories

Audit Defence
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Woyome Affair: M-Powapak boss' 'secret letter' to Prez Mills
Myjoyonline.comApril 3, 2012

These assets were later determined to be, after forensic audit, a total of GH¢245450 (At this time the exchange rate to the USD was 1:1)”, Smith indicated in his 10-page 'Confidential Document' to President Mills. He said it was only in November 2011 ...more »

Irs Filing & Compliance
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The People vs. the IRS
BusinessWeekApril 5, 2012

On a March Friday, after a week that included briefing Capitol Hill staffers about identity theft, meeting with IRS lawyers about domestic partnership laws, and working on a blog post about her latest gripes with the agency, Olson gave a keynote speech ...more »

Business Audit Defence
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Rob Samouce: To audit or not to audit — many associations must decide every year
Naples Daily NewsApril 1, 2012

By ROB SAMOUCE Florida law requires that condominium and homeowners' associations must have year-end financial statements prepared each year to evidence how the association's accounts are being maintained and to give a once a year snap shot of the ...more »

Personal Irs Disputes
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2 former Uxbridge residents convicted in 'under the table' payroll sceme
Worcester TelegramApril 3, 2012

According to the US attorney the defendants face up to five years in prison on each count of conspiracy to defraud the United States and tax evasion, together with fines of up to $250000 or twice the financial gain to the defendant or loss to the IRS.more »

Property Taxes
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33 Perfectly Legal, Tax Free Sources of Income and Benefits
ForbesApril 9, 2012

If you receive tangible personal property – generally, a thing you can touch like cufflinks or the dreaded grandfather clock – as an award for length of service or safety achievement, you generally can exclude its value from your income.more »

Corporate Income Taxes
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Bay Staters who work in Rhode Island could cash in on new tax ruling
Enterprise NewsApril 3, 2012

As a result of the recent change, Bay State residents who since 2008 have been paying into the Rhode Island Temporary Disability Act (TDI) now are entitled to a 100-percent credit, or abatement. “It's a substantial amount of money,” said DOR spokesman ...more »

Sales Tax & Use Tax
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Alvarez & Marsal Taxand Announces Addition of James Bartek as Managing ...
EON: Enhanced Online News (press release)April 4, 2012

“My role at A&M Taxand presents the opportunity to help build a practice on par with the Big Four, while working with a talented team of world-class professionals advising clients on sales and use tax matters, with no audit-based conflicts.more »

Estate Taxes & Gift Taxes
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Alabama governor signs bill granting tax credits for companies that hire ...
Washington PostApril 4, 2012

Alabama's governor has signed into law a bill offering new tax credits to companies that hire unemployed veterans. Gov. Robert Bentley signed the bill Wednesday morning providing a tax credit of $1000 for a business that hires an unemployed veteran who ...more »

Tax Evasion Defence
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Germany: investigation of tax inspectors doesn't damage relations with Switzerland
Washington PostApril 2, 2012

BERLIN — The German government says a Swiss decision to issue arrest warrants for three German tax inspectors hasn't damaged relations — and says it illustrates the need to get a stalled deal on tax evasion approved. Germany's center-left opposition ...more »

International Taxation
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Japan in Sales-Tax Battle
Wall Street JournalApril 1, 2012

But anti-tax lawmakers within his party may hinder the premier's attempt to push the tax discussion forward. The fiscally hawkish prime minister reiterated that he has staked his political career on writing into law the two-step national consumption ...more »

Tax Planning
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Republicans See No Rush to Fill $4.6 Trillion Blank in Tax Plan
BusinessWeekApril 4, 2012

When House Republicans return from a two-week recess in mid-April, they will begin planning sessions on details of their tax overhaul. Because prospects for a tax rewrite are dim before the election, they also will discuss dozens of tax breaks that ...more »

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