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

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•4 killed as sect bombs Maiduguri •Nobody died —JTF •NYSC stops posting of ...
Nigerian TribuneMarch 1, 2012

OPERATIVES of the dreaded Islamic militant sect, Boko Haram are said to have started combing fertiliser markets in search of materials to be used for bombs following the decision of security agencies to tighten rules on use of dynamites and explosives.more »

China vs. North Korea's Refugees
Wall Street JournalMarch 1, 2012

Beijing forcibly repatriates these unfortunates without giving them a chance to apply for asylum. North Koreans who are suspected of having met Christians, South Koreans or Americans while in China are executed or shipped off to the gulag.more »

Tax Law News and Stories

Audit Defence
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Betty Again
Daily GuideMarch 2, 2012

In his view, it was improper for the former Attorney-General to have reached an agreement with CP at a time there were counter claims from Government of Ghana against the construction firm. In March 2010, CP entered into a settlement agreement with the ...more »

Irs Filing & Compliance
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IRS Probe of Tax-Exempt Political Groups Questioned
Accounting TodayMarch 2, 2012

... Revenue Service Commissioner Doug Shulman requesting that he provide a complete response to a previous request last October on general information on the tax-exempt sector, IRS audits and compliance activities related to tax-exempt organizations.more »

Business Audit Defence
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Springwater gets another strike from state auditor
Dansville-Genesee Country Express (blog)March 1, 2012

The audit outlined a timeline of payments related to the property. On Dec. 17, 2008, the town's former supervisor, Nori Buckley, paid $6500. However, there is no record of approval in an open meeting, as required by state law.more »

Personal Irs Disputes
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IRS battling conservatives over tax-exempt status
WBRCMarch 1, 2012

"These tea party groups, a lot of their material makes them look and sound like a political party," said Marcus S. Owens, a lawyer who advises tax-exempt organizations and who spent a decade heading the IRS division that oversees such groups.more »

Property Taxes
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Activists challenge religious land-use law
The Island NowMarch 1, 2012

In the Village of Great Neck, alone, there are 28 houses of worship - adding in the schools and parks almost one-third of its property falls under “tax-exempt” category. Now there are four more applications for religious use in Great Neck.more »

Corporate Income Taxes
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Law provides dollar-for-dollar tax credit
YourWestValley.comMarch 1, 2012

Jan Brewer signed legislation Wednesday to allow individuals to divert more money they would otherwise owe the state to instead help children attend private and parochial schools. The new law provides a dollar-for-dollar income tax credit of up to $500 ...more »

Sales Tax & Use Tax
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Great! Higher Sales Tax for California
Van Nuys News Press (blog)March 2, 2012

The table below summarizes the new sales and use tax rates. Posted by daryl on Mar 1 2012. Filed under Business, Late Breaking News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry ...more »

Estate Taxes & Gift Taxes
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Lawmakers aim for stricter handgun rules
Jacksonville Journal-CourierMarch 2, 2012

State lawmakers appear poised to enact a law that would require a statewide registration for handguns and place a tax on ammunition, despite opposition from gun-rights advocates. "The bottom line is we're talking about a penny on a bullet," said state ...more »

Tax Evasion Defence
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Former South Amboy Housing Authority official pleads guilty to election fraud...
Asbury Park PressMarch 3, 2012

The tax evasion charge carries a maximum statutory penalty of five years in prison and a $100000 fine, with an alternative fine of $250000. Vas and Melvin Ramos, Vas' former mayoral aide and the treasurer of Vas' campaign, were convicted on Oct. 8, ...more »

International Taxation
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New Arizona Law Increases Tax Credit Amount for School Choice Program
Bradenton HeraldMarch 1, 2012

29, 2012 — New law likely to increase donations to country's oldest tax credit scholarship program PHOENIX, Feb. 29, 2012 /PRNewswire-USNewswire/ -- Governor Jan Brewer today signed legislation increasing the amount of maximum allowable donations to ...more »

Tax Planning
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RBC provides tax savings tips
MarketWatch (press release)March 8, 2012

"Tax planning really shouldn't be left until the annual tax filing deadline arrives," said Jason Round, head, Financial Planning Support, RBC Financial Planning. "There are strategies you can benefit from throughout the year that can help you boost ...more »

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