Tax Law News. Crime Stories, Law on News and Legal Publications in April, 2017

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Obituary: Robert Montague, attorney and veteran, dies at 73
Minneapolis Star TribuneApril 1, 2017

Montague spent the bulk of his legal career practicing securities law and corporate finance at Robins Kaplan after moving the family to the Twin Cities in the mid-1980s and spent much of his career working for Best Buy. That meant a steady diet of late ...more »

This scam plays the ultimate confidence trick on unsuspecting bank customers
MarketWatchApril 1, 2017

The Redditor “Keyann” wrote a post that said he or she received a call from someone claiming to be the fraud department of his or her bank, saying there was a fraudulent airline charge.Here's the twist: The caller ID for the call even said the name of ...more »

Tax Law News and Stories

Audit Defence
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8 tax audit red flags - WISC-TV3April 17, 2017

The IRS understands this... up to a point. Report losses for three or more years and the agency will start to suspect your business is more of a hobby than a venture aimed at turning a profit, said former IRS tax attorney Garrett Gregory of Addison, Texas.more »

Irs Filing & Compliance
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What Are Your Chances of Being Audited? IRS Data Book Provides Some Clues
Accountingweb.comApril 4, 2017

During FY 2016, the IRS examined 0.6 percent of all returns filed in calendar year 2015, about 0.7 percent of all individual income tax returns filed in CY 2015, and 1.1 percent of corporation income tax returns (excluding S corporation returns ...more »

Business Audit Defence
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INVESTIGATIVE UNIT: EBR Council on Aging board may have ...
WBRZApril 12, 2017

BATON ROUGE – The State Legislative Auditor suspects the East Baton Rouge Council on Aging broke state open meetings laws when it met, in secret, ...more »

Personal Irs Disputes
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Activists Plan 'Tax Day' Marches Calling For Release Of Trump's Taxes
WCAIApril 6, 2017

Philip Hackney, a former IRS lawyer who now teaches tax law, says there's a higher purpose. "I think it works more toward an open society, that I think is important," he says. "Democracy." With Trump, Hackney sees a more pragmatic consideration, too.more »

Property Taxes
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Piling on property taxes is no way to fund basic services
Seattle TimesApril 7, 2017

A few years ago, my brother-in-law collapsed from a massive heart attack. Thanks to a passing bicyclist and the heroic efforts of the local fire department, he survived. Those first-responder services saved his life. Our property-tax system is the ...more »

Corporate Income Taxes
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50 years ago, Nebraskans 'aroused to the point of fury' over taxes
Lincoln Journal StarApril 10, 2017

Voters had wiped out a newly enacted state income tax law and simultaneously eliminated the state property tax, which was the state government's essential funding source at the time, just two months before state senators and a newly elected governor ...more »

Sales Tax & Use Tax
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Deal: March tax revenues up 2.1 percent
WLTZ 38 NBCApril 10, 2017

Sales and Use Tax: Gross Sales Tax collections deposited during the month totaled $826.1 million, for an increase of $5.2 million, or 0.6 percent, compared to March 2016. Net Sales and Use Tax revenue totaled $435.2 million and remained unchanged after ...more »

Estate Taxes & Gift Taxes
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Divided Senate approves gas tax and vehicle fee increases to raise $5.2 billion annually for road repairs
Los Angeles TimesApril 7, 2017

After a week of fierce debate between opposing interests, the state Senate on Thursday approved a proposal to raise gas taxes and vehicle fees by $5.2 billion per year to pay for the repair of California's pothole-ridden, decaying system of roads ...more »

Tax Evasion Defence
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IRS Polices What Is Tax Planning Or Tax Evasion - Forbes
ForbesApril 3, 2017

Tax planning--even tax avoidance--can be OK, but not tax evasion, so how do you tell the difference? It is tax filing season and whether you've started or not, ...more »

International Taxation
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Tax laws are not always 'fair'
Independent OnlineApril 25, 2017

Pretoria - A recent tax case demonstrated quite clearly how paying tax under a “statutory obligation” might seem “unfair”, but that there was nothing “unjust” about it. In this case the taxpayer – a company – sold a property for a huge gain, was taxed ...more »

Tax Planning
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Tug-of-war in the fight against EU tax dodgers
Deutsche WelleApril 8, 2017

Belgium and Luxembourg have also attracted international companies like Google and Amazon with their low tax rates. Belgian Finance Minister Johan Van Overtveldt said that tax laws could not be changed "every five minutes," adding, "we should not act ...more »


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