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 »
Durkee is facing a federal mail-fraud charge. Feinstein, who is a heavy favorite to win her fourth full term in the Senate, quickly replenished her campaign, loaning it $5 million. In all, her campaign has about $6.6 million in the bank, ...more »
By James Harrison A specially called meeting of the Chattanooga City Council's Personnel and Audit Review Committee ended with council members deciding not to follow up on whether bid law was bypassed for an $800000 contract awarded to Excalibur ...more »
The judge ordered Brown to pay $4.2 million to Elavon, the credit card processing subsidiary of US Bank; more than $130000 to the IRS; and $1.8 million to individual victims. Brown's lawyer says his client is “absolutely destitute.more »
4, 2012 02:12 PM The April 17 income-tax filing deadline is still more than two months away, but the rush is on. Mailboxes have been filling up with W-2 wage statements, along with other documents showing how much you paid in mortgage interest, ...more »
Once again we are reading about our school boards and their relentless focus on raising property taxes to support their out-of-control spending. I have two school districts that affect my financial stability: One is the York City School District and ...more »
If a business does not collect sales tax, it's the consumer's responsibility to report purchases on their state income tax and pay a "use tax," but very few people actually pay it. So the government is once again turning its eye to the issue, ...more »
Many accountants and other tax preparers find that their small business clients overlook deductions. Sometimes it's the result of not taking advantage of tax laws that work in your favor. Poor record-keeping can also be the problem.more »
The Supreme Court has ordered the imprisonment of a businesswoman engaged in the distribution of health products after it was found that she was guilty of tax evasion and refusing to file accurate income tax returns, the Bureau of Internal Revenue ...more »
In his medium-term budget speech in October last year he said: “Administrative reforms will continue to focus on ensuring that all those who earn an income through employment or other economic activity pay what is due to the fiscus.more »
The incoming Finance Minister Christina Liu yesterday said a “windfall tax” could be a measure to achieve taxation fairness, but she has no plans to raise the stock transaction tax or introduce a capital gains tax during her term.more »
However, a number of taxpayers who filed early were dismayed to see the estimated time of arrival in the Where's My Refund tool on the IRS.gov site shift back a week or even two weeks, or they encountered error messages when they tried to access the ...more »