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

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A GOP witch hunt for the zombie voter
Washington PostMay 1, 2012

According to the nonpartisan Brennan Center for Justice at New York University, which keeps track of changes in voting laws, 22 statutes and two executive actions aimed at restricting the franchise have been approved in 17 states since the beginning of ...more »

'Octomom' files for bankruptcy, owes $30K in rent
WRGBMay 1, 2012

(AP) -- "Octomom" Nadya Suleman is filing for bankruptcy, telling a federal court she has as much as $1 million in debt. The Orange County Register reports (http://bit.ly/IDaiOh) that Suleman wants a fresh start and says filing for bankruptcy is what's ...more »

Tax Law News and Stories

Audit Defence
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Concacaf Soccer Body Tells Members About Financial Mismanagement
BusinessWeekMay 23, 2012

By Tariq Panja on May 23, 2012 The top lawyer for the body that oversees soccer in North and Central America and the Caribbean said auditors found discrepancies in the group's finances. John Collins, the legal counsel of the Confederation of North, ...more »

Irs Filing & Compliance
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W-4 Forms: Payroll compliance tips
Business Management DailyMay 3, 2012

The amount of employees' federal income tax withholding, and, often, state income tax withholding, is determined by entries on this form. Employees indicate their marital status and the number of withholding allowances on these forms.more »

Business Audit Defence
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Audit slams Ky. hoops icon who ran state agency
Fox NewsMay 1, 2012

"But the law makes no distinction between icons and the rest of us, and neither do I." Though he played more than 20 years ago, the homegrown athlete from impoverished Clay County remains a household name for fans of one of the country's most ...more »

Personal Irs Disputes
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George Zimmerman Hires Ex-IRS Agent To Watch His Money
TPMMay 1, 2012

The lawyer for the man accused of killing unarmed Florida teenager Trayvon Martin announced on Tuesday a former IRS agent has been hired to oversee his client's defense fund. Last week, attorney Mark O'Mara revealed that his client, George Zimmerman, ...more »

Property Taxes
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Romney's Plan to End State Income-Tax Deductible Could Screw States Like New York
Daily BeastMay 2, 2012

Mitt Romney's tax proposals ostensibly would cut taxes without sacrificing revenue. Romney said he would do so by closing loopholes. However, one of the loopholes Romney would remove from the tax code, as overheard by reporters when he made remarks at ...more »

Corporate Income Taxes
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Revenue from personal income taxes falls $2 billion short
89.3 KPCCMay 1, 2012

Personal income tax revenues fell about two billion dollars short of projections during the most crucial month for the state budget – tax month. Jason Sisney with the non-partisan Legislative Analyst's Office says April's shortfall continues a string ...more »

Sales Tax & Use Tax
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Cummins Announces Strong First Quarter Results with Revenue Growth of 16 ...
MarketWatch (press release)May 1, 2012

COLUMBUS, Ind., May 01, 2012 (BUSINESS WIRE) -- Cummins Inc. (NYSE:CMI) today reported strong sales and profits for the first quarter of 2012. First quarter revenue of $4.5 billion increased 16 percent from the same quarter in 2011.more »

Estate Taxes & Gift Taxes
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Michael McCann>SPORTS LAW
CNNMay 2, 2012

... not to mention federal drug trafficking laws. They also invite discussion of the potential need for enhanced criminal penalties and government-imposed drug testing regimes for professional sports leagues. Major League Baseball's generous antitrust...more »

Tax Evasion Defence
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Abbott Pizza owner admits tax evasion
WIVBMay 7, 2012

BUFFALO, NY (WIVB) - The owner of Abbott Pizza in Buffalo could face five years in prison for cheating on his taxes. Michael Gerace, 49, of Buffalo pleaded guilty in federal court on Monday to tax evasion. The pizzeria owner kept two separate sets of ...more »

International Taxation
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Tax Evasion By Foreign Airlines
AllAfrica.comMay 1, 2012

It is an assault on Nigeria for BA not to be sanctioned for undermining the country's law. We are surprised that the national carrier of the United Kingdom would be this recalcitrant. Tax evasion or the failure to meet tax liabilities is an illegal ...more »

Tax Planning
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Clark Nuber Hires New State & Local Tax Senior Manager
MarketWatch (press release)May 4, 2012

"We are delighted to have Joe join us," Rob Wheeler, Shareholder in charge of the Tax Department at Clark Nuber, said. "Based on Joe's multistate tax planning and compliance experience, he will add an important dimension to our growing state and local ...more »

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