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

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Obama's Threat To Change Immigration Laws Without Congress Meets Resistance
Daily CallerJuly 1, 2014

GOP leaders say President Barack Obama will only make immigration problems worse if he goes ahead with his Monday threat to unilaterally alter the nation's immigration laws. “I'm beginning a new effort to fix as much of our immigration system as I can ...more »

Military Criminal Defense Attorney Joseph L. Jordan Earns Membership into The ...
DigitalJournal.comJuly 1, 2014

Attorney Joseph L. Jordan, founder of the military criminal defense law firm Jordan UCMJ Law, has recently earned membership into The National Trial Lawyers: Top 40 Under 40 association. This is a significant distinction that solidifies Attorney Jordan ...more »

Tax Law News and Stories

Audit Defence
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IRS: Time to tell America the truth
Bowling Green Daily NewsJuly 5, 2014

It has been quite evident for some time now that a person or persons at the Internal Revenue System is not telling Congress and the American public the whole truth. Congressional hearing after hearing has ..... Lerner's attorney, William Taylor, said ...more »

Irs Filing & Compliance
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U.S. Taxpayers With Secret Offshore Money Face New Risks And Options
ForbesJuly 2, 2014

Finally last year Bank Hapoalim Bank Hapoalim confirmed the father had more than $2 million on deposit, says Los Angeles tax attorney Pedram Ben-Cohen, the son's lawyer. What next? Ben-Cohen advised the son to skip ... The catch? To qualify you must ...more »

Corporate Income Taxes
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Tax holiday for power projects extended by another year
Daijiworld.comJuly 10, 2014

With this, the eligible date for projects in the power sector to avail the benefit under section 80-IA of the Income Tax Act stands extended from March 31, 2014 to March 31, 2015. The law allows a power producer to claim tax exemption for up to 10 ...more »

Personal Irs Disputes
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Rep Jim Jordan wants information on computer crash of federal lawyer who ...
The Plain DealerJuly 14, 2014

Jordan and Issa's letter says that lawyer was Sands, an attorney in the FEC enforcement division who once worked for former IRS official Lois Lerner. They said it was unclear whether Sands and Lerner, whom Republicans accuse of unfairly scrutinizing ...more »

Property Taxes
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Genesee County community, business leaders favor Proposal 1 to phase out ...
Bay City TimesJuly 24, 2014

Legislation that sailed through the state House and Senate this year with bipartisan support would phase out some personal property taxes but promise full replacement revenue for local communities. There is no organized opposition to the ballot measure ...more »

Estate Taxes & Gift Taxes
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IRS Offers Details on Voluntary Tax Preparer Education Program
Accounting TodayJuly 1, 2014

“An unenrolled tax return preparer who successfully completes continuing education courses related to federal tax law will generally have a better understanding of the tax law necessary to represent a taxpayer before the IRS during an examination than ...more »

Tax Evasion Defence
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People Who Worked With Swiss Banker Accused Of Tax Evasion Not Especially ...
DealBreakerJuly 16, 2014

A former Swiss banker and top UBS AG executive slated to go on trial for allegedly aiding U.S. tax evasion has asked that witnesses too spooked to step foot in America be able to testify on his behalf via videoconference…. In a court filing on Monday, Mr.more »

International Taxation
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FATCA, IRS Global Tax Law, Is Everywhere -- Even Russia & China
ForbesJuly 1, 2014

FATCA—the Foreign Account Tax Compliance Act—is America's global tax law. And it's finally here after a four-year ramp up. It requires foreign banks to reveal American accounts holding over $50,000. Bank secrecy? Forget it. Non-compliant institutions ...more »

Tax Planning
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Kinder Family Tax Planning
Seeking Alpha (registration)July 29, 2014

The Kinder family of stocks are quite popular among investors on SA and other investment websites. There are 3 common ways to own the main Kinder assets: KMP, KMR and KMI (I am excluding EPB from discussion because its tax implications are ...more »


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