Tax Law News. Crime Stories, Law on News and Legal Publications in February, 2016

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A host of problems for homeless youths, but solution lies in host homes
The Seattle TimesFebruary 1, 2016

This grass-roots solution to youth homelessness needs some help in Olympia. Under a recent interpretation of state law, host-home networks must go through the difficult and expensive process of becoming foster-care networks if they serve kids under 18.more »

Attorney General's Office files campaign finance complaint against Washington State Labor Council
Enumclaw Courier-HeraldFebruary 1, 2016

... of in-kind and cash contributions as required under the state's campaign finance laws. WSLC is the state federation of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), with about 400,000 Washington union members.more »

Tax Law News and Stories

Audit Defence
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A dubious whistle-blower case against Vanguard
Chicago TribuneFebruary 8, 2016

But first, a disclosure: Vanguard is among the funds my firm uses; my wife's retirement savings plan is almost all Vanguard; for Masters in Business, I have already interviewed Vanguard Chief Executive officer Bill McNabb and former CEO and Chairman ...more »

Personal Irs Disputes
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How the $100 Million 'NYPD Blue' Creator Gambled Away His Fortune
Hollywood ReporterFebruary 17, 2016

Now, according to a lawsuit, the racetrack regular has lost his homes, owes the IRS $17 million and is on a $40-a-week allowance. Still, his supporters stay ... A publicly available legal complaint obtained by The Hollywood Reporter and filed last year ...more »

Business Audit Defence
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Russian Data Protection Authority Releases 2016 Audit Plan for Localization Law
Lexology (registration)February 1, 2016

On January 13, 2016, the Russian Data Protection Authority (Roscommandzor) released its plan for audits this year to assess compliance with Russia's data localization law, which became effective on September 1, 2015. The localization law requires ...more »

Property Taxes
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COHASSET EDITORIAL Prop. 2-1/2 tax law came from the people
Wicked Local CohassetFebruary 5, 2016

It's hard to believe but nearly two entire generations of Massachusetts residents have been born since Proposition 2-1/2 became law some 35 years ago. Those current and future homeowners may take the property-tax cap legislation for granted because ...more »

Sales Tax & Use Tax
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Duncan sales, use tax receipts down
Duncan BannerFebruary 4, 2016

The Duncan Chamber of Commerce's Investor News report indicates sales tax and use tax receipts are down in Duncan along with receipts for Stephens County. According to the report, sales tax receipts totaled $1,256,416.26 in January 2015 but only ...more »

Estate Taxes & Gift Taxes
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Cosatu pickets against new tax laws
South African Broadcasting CorporationFebruary 5, 2016

The Congress of South African Trade Unions (Cosatu) and some of its affiliates are picketing outside Nedlac offices over the new Tax Amendment Act. The law allows retirees access to just a third of their money and the rest to be paid out in instalments.more »

Tax Evasion Defence
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Italian football stars targeted in tax evasion scam
The Local.itFebruary 1, 2016

Sky sport Italia and Gazzetta dello Sport both reported that prosecutors in Naples had opened the investigation - dubbed 'Fuorigioco' (Offside) - into tax evasion and false accounting, while Gazzetta claimed "assets valued at around €12 million" had ...more »

International Taxation
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Oil tax law? Not going to happen: Bernstein
CNBCFebruary 5, 2016

President Barack Obama is expected to propose a $10-a-barrel tax on oil companies in his last budget proposal. The initiative aims to create a new clean transportation plan prioritizing the reducing of greenhouse gases. The White House released a fact ...more »

Tax Planning
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Cities line up to oppose Ricketts' property tax plan, as governor watches
Lincoln Journal StarFebruary 5, 2016

But the governor, backed by a handful of supporters who appeared at the hearing, said his plan reflects the wishes of a majority of Nebraska taxpayers who think property taxes are too high and was crafted with input from the very lawmakers who will ...more »

Irs Filing & Compliance
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Barbara Friedberg: 4 dangerous tax mistakes
St. Augustine RecordFebruary 5, 2016

Pinching pennies and investing are not the only sound strategies to build long-term wealth. Smart tax planning and avoiding dangerous tax mistakes play a big part in increasing your disposable income as well. Learn a bit about the tax system and save ...more »

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