Tax Law News. Crime Stories, Law on News and Legal Publications in April, 2014

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Telstra fans its FTTN feathers
Business SpectatorApril 1, 2014

What's unclear is whether handing Telstra a juicy construction contract will be the inducement the government needs to get that last-mile copper on the cheap. Ovum research analyst David Kennedy says that any prospective deal between Telstra and NBN ...more »

Kenner man, 18, arrested on charges of distributing marijuana
WDSU New OrleansApril 1, 2014

Joseph Staehle, 18, of Kenner, was arrested Saturday on six counts of distribution of marijuana, five counts of violating the controlled dangerous substance law, possession of hydrocodone and illegal possession of a stolen firearm. Police said ...more »

Tax Law News and Stories

Audit Defence
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Mission statement makes IRS stalling more unnacceptable
Portales News-TribuneApril 2, 2014

If the Internal Revenue Service was auditing you, and you whined that getting all the documentation agents wanted was too hard and would take you years, what do you think the response would be? Exactly. ... Put more lawyers on the job. All means all ...more »

Irs Filing & Compliance
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Gary councilman sentenced to prison
Post-TribuneApril 1, 2014

Assistant U.S. Attorney Gary Bell argued against the shorter prison time, saying that although Scott was charged with just two counts of not filing tax returns, he also didn't file them from 2000 to 2003 and underreported his income in other years ...more »

Business Audit Defence
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Company Secretaries cajole MCA: New Companies Act sections 'fatal' to ...
Legally IndiaApril 4, 2014

... exempt under this section. “The exclusion of private companies, irrespective of their size, from secretarial audit gives a message that the matters covered under such audit such as compliance with applicable laws is not important,” stated the ...more »

Personal Irs Disputes
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UPDATE 2-IRS puts damper on newer types of energy partnerships
ReutersApril 8, 2014

Lawyers specializing in the oil and gas sector have said the IRS wants to review the scope of assets that can qualify as tax-free for master limited partnerships (MLPs), which have lured hundreds of billions of dollars from investors seeking high yields.more »

Property Taxes
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Overpaid property taxes? El Paso tax office will notify you of refund more ...
El Paso TimesApril 8, 2014

If you've overpaid on your property taxes, the city's Consolidated Tax Office will now notify you that you're owed a refund more than the one time required by law. And if there's a duplicate payment made, the tax office will now notify all the people ...more »

Corporate Income Taxes
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Congress once again moves to extend 'tax extenders'
Al Jazeera AmericaApril 5, 2014

legislation with major tax implications passed the Senate Finance Committee Thursday, putting it on a virtually guaranteed path to becoming law. ... Unlike oft-heard demands to offset the cost of unemployment benefits or other government spending, the ...more »

Sales Tax & Use Tax
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Avalara Forms Strategic Alliance with Illinois CPA Society
PR Web (press release)April 3, 2014

Illinois CPA Society members will now have access, at no cost, to up-to-date sales and use tax (SUT) and valued added tax (VAT) tools, and related resources to better assist their clients and/or their employers in this rapidly changing regulatory ...more »

Estate Taxes & Gift Taxes
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UPDATE 1-US Congress renews annual temporary tax laws fight
ReutersApril 1, 2014

In the Senate, the new chairman of the tax-writing Finance Committee unveiled legislation that would modestly trim the list of about 55 laws known as the "tax extenders" because they expire every year or two and need to be regularly extended.more »

Tax Evasion Defence
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Pakistan Arrests Two HP Executives On Suspicion Of Corporate Tax Evasion
Business InsiderApril 5, 2014

(Reuters) - Two executives of the Pakistani arm of computer giant Hewlett-Packard Co were arrested by local officials in Karachi on Friday on suspicion of corporate tax evasion, the Wall Street Journal reported. The arrested executives were identified ...more »

International Taxation
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Lobbyists Big Winners in Tax Code Debate
Newsmax.comApril 2, 2014

But following the late February release of the Camp proposal – the largest revision of U.S. tax code since 1986 –big business, specifically oil, financial services, private equity and real estate industries, have balked at its contents, Bloomberg reported.more »

Tax Planning
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5 ways to cut your tax bill next year
CNBC.comApril 18, 2014

"Professional sports coaches always say that planning for next year starts the day after they win the championship game," said Michael Velazquez, a certified public accountant with U.S. Wealth of California. "It's the same with tax planning. The best ...more »

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