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

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Judge says Occupy DC demonstrators must get notice before any eviction; feds ...
Washington PostFebruary 1, 2012

Mayor Vincent Gray and DC health officials have expressed concern about a rat infestation at McPherson Square and other sanitation problems, with the mayor suggesting that the demonstrators relocate to Freedom Plaza, another federal space that's been ...more »

Mandaric: tax charges are an insult to my family
The IndependentFebruary 1, 2012

The former Portsmouth chairman Milan Mandaric claimed that the tax evasion charges against him were an "insult" after 12 years in England in which he has rescued Portsmouth, Leicester City and Sheffield Wednesday from the brink of bankruptcy, ...more »

Tax Law News and Stories

Audit Defence
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Washington accountant sentenced to prison for 'crusade' against IRS
Seattle Post IntelligencerFebruary 2, 2012

COM STAFF The home of purported member of the Washington sovereign citizen movement Timothy Garrison, which was raided by the IRS and other law enforcement in June 2011. UPDATE: Having pleaded guilty to tax fraud, Mount Vernon accountant Timothy ...more »

Irs Filing & Compliance
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Taxability of frequent-flyer miles up in the air
InvestmentNewsFebruary 5, 2012

The law requires income tax to be paid on awards or rewards worth more than $600. Typically, these rules apply to prize winnings, such as income from a lottery. Customers who received the 1099 forms from Citibank were likely surprised by the taxability ...more »

Business Audit Defence
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Investigation prompts UCDD to hire Nashville law firm
Cookeville Herald CitizenFebruary 13, 2012

by Laura Gwinn COOKEVILLE -- The Upper Cumberland Development District executive committee authorized chairman Mike Foster to enter an agreement with a prominent Nashville law firm to do an internal investigation into its most recent and hotly-debated ...more »

Personal Irs Disputes
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Beeman files new tax returns hoping to stave off foreclosure
GoErie.comFebruary 8, 2012

Beeman filed amended income tax returns Monday in hopes of staving off the IRS sale of his four Waterford-area properties. The paperwork, docketed in US District Court by Beeman's lawyer, Anthony "Buzz" Andrezeski, asserts Beeman's gross tax liability ...more »

Property Taxes
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Legislator seeks end to tax breaks on some church property
TheNewsTribune.comFebruary 2, 2012

According to the municipal assessor's office, only one Anchorage church currently benefits from the 2006 amendment to the state tax code, and it's the same church that sought the amendment: the Anchorage Baptist Temple. Rep. Berta Gardner, a Democrat ...more »

Corporate Income Taxes
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Loopholes for wealthy weaken fairness of income tax system
TheNewsTribune.comFebruary 1, 2012

This provision in the income tax code explains why Romney, Warren Buffett and most other super-rich Americans pay less as a share of their income than do many working Americans. Combining income taxes and payroll taxes, the super-rich pay about the ...more »

Sales Tax & Use Tax
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Taxpayers must pay their share of the 'use tax' PERSONAL FINANCE Fred Croop
Wilkes Barre Times-LeaderFebruary 5, 2012

Oftentimes, online stores offer consumers the best price because they do not routinely add the sales tax to the purchase price, such as the 6 percent levy for Pennsylvania residents. The state of Pennsylvania is working to end the online tax holiday by ...more »

Estate Taxes & Gift Taxes
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Quinn urges low-income families to apply for tax credit
The State Journal-RegisterFebruary 5, 2012

Pat Quinn is encouraging poor and working families to apply for a tax break aimed at helping them keep more of what they earn. Quinn signed the earned-income tax credit into law last month. He visited a Chicago tax assistance center Saturday to spread ...more »

Tax Evasion Defence
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Harry Redknapp tax evasion trial: Tottenham boss to fly to Liverpool on Monday ... 2, 2012

Redknapp has been absent from training for the last week and a half as he has been contesting two charges of cheating the public revenue at Southwark Crown Court. The Spurs boss, who denies both charges, has still managed to make it to all three of his ...more »

International Taxation
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Legal clinics on tax law set for Feb. 13 at main library
Anderson Independent MailFebruary 6, 2012

ANDERSON COUNTY — The Anderson County Library System will continue its series of free legal clinics with a workshop on tax laws and issues that may affect low-income taxpayers at 7 pm Feb. 13 at the main library, 300 N. McDuffie St. Attorneys Fred ...more »

Tax Planning
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5 Estate Planning Tips
San Francisco ChronicleFebruary 7, 2012

Since life-insurance proceeds paid to your beneficiaries are tax-free, the entire $500000 would be available to pay the taxes owed. You may need the assistance of experts from several fields. This includes the following: An estate planning attorney who ...more »


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