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

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Supreme Court gave Congress rough treatment at health-care hearing
Naples Daily NewsApril 1, 2012

By Mark Sherman of AP AP Supporters of health care reform stand in front of the Supreme Court in Washington, Wednesday, March 28, 2012, on the final day of arguments regarding the health care law signed by President Barack Obama.more »

Sunday Reflection: Don't blame Verrilli: Hard to defend the indefensible
Washington ExaminerApril 1, 2012

Bad enough that Jeffrey Toobin called the event "a train wreck," Mother Jones called it a "disaster," and constitutional law professor Ann Althouse, amid terrible reviews of Solicitor General Donald Verrilli's performance, wondered if Verrilli had ...more »

Tax Law News and Stories

Business Audit Defence
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New 'fraud' law creates hassle for state employees — and for legislators ...
MinnPost.comApril 2, 2012

By Doug Grow | 09:04 am If harassing members of public employee unions was the intent, those who pushed the bill may have overshot their mark. Buried deep in a government operations bill from last session is a significant headache for all state ...more »

Personal Irs Disputes
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How $500M was set aside - already - to enforce 'ObamaCare'
Fox NewsApril 11, 2012

She is a former tax lawyer, so what does she think of it being quietly sent to the IRS? VAN SUSTEREN: All right. No secret you don't like the president's national health care. But I'm curious, $500 million that is transferred to the IRS to implement ...more »

Corporate Income Taxes
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Governor Kasich Talks With Local 12 About Income Tax Cut Proposal
WKRC TV CincinnatiApril 4, 2012

John Kasich is calling for a huge income tax cut which even has some of his fellow Republicans grumbling. The governor was in town today to help a local company Dunnhumby USA formally announce plans to build a new office building and add jobs downtown.more »

Property Taxes
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The other April 15 deadline
El Paso Inc.April 9, 2012

Texas law also provides for 50-percent penalty in cases where a property owner intended to commit fraud or evade property tax, although such a penalty requires the property owner to either file a rendition, or obstruct an inspection or investigation ...more »

Sales Tax & Use Tax
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Genworth Closes the Sale of Its Tax and Accounting Advisor Unit to Cetera ...
Sacramento BeeApril 2, 2012

... announces it has closed the sale of Genworth Financial Investment Services, its tax and accounting financial advisor unit, on April 2, 2012 to Cetera Financial Group, Inc. Proceeds from the transaction will be used for general corporate purposes.more »

Estate Taxes & Gift Taxes
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E-commerce tax to target out-of-state retailers
WXIA-TVApril 2, 2012

AP ATLANTA (AP) - Georgia has joined other states in passing a law aimed at collecting billions in lost sales tax revenue from online retailers - a fee state shoppers should already be paying, but often aren't. The Legislature passed the measure as ...more »

Tax Evasion Defence
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Two For Two: Tax Director Resigns Over Tax Evasion
Inside Costa RicaApril 4, 2012

The scandal at Hacienda has caused a stir in the social networks as users offered comments such as: "A finance minister evading taxes? And then ask the people to pay up? That they call tax solidarity". "Stealing from the country", "corruption", "fraud" ...more »

International Taxation
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Claiming Fido on Your Taxes
ForbesApril 2, 2012

The bill, HR 3501, was introduced as the “Humanity and Pets Partnered Through the Years” (HAPPY Act) and would allow deductions of up to $3500 a year for pet expenses. It was introduced by Michigan Rep. Thaddeus McCotter and co-sponsored by Rep.more »

Tax Planning
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Easton again seeking KOZ, other tax incentives
Allentown Morning CallApril 7, 2012

A KOZ drops all property taxes, and often business and earned income taxes, during a certain time frame – in Easton's case, 10 years. A LERTA phases in additional taxes, after a property is reassessed, over a 10-year period. Both plans include the ...more »

Irs Filing & Compliance
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$12 billion in taxes go unpaid in California
Fresno BeeApril 7, 2012

... as chairman of the Board of Equalization and board member at the Franchise Tax Board. "When we find folks aren't, it places an unfair burden on everyone else playing by the rules." Dennis J. Ventry, a tax law professor at UC Davis School of Law, ...more »

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