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

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Jury Orders J&J to Pay $20 Million in Vaginal Mesh Case
Insurance JournalMay 1, 2017

Carl Tobias, who teaches product liability law at the University of Richmond in Virginia, said J&J should consider a comprehensive settlement to all the cases. “It would be silly to continue taking these cases to trial when they are losing,” he said in ...more »

2 dead after plane crash at Collinston - The News Star
Monroe News StarMay 1, 2017

Two people are dead following a Sunday afternoon plane crash in Collinston.more »

Tax Law News and Stories

Business Audit Defence
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How to Make the Case for a Smaller Law Firm to Your Board
Corporate Counsel (registration)May 4, 2017

With a smaller law firm, seasoned attorneys are the norm, rather than the associates who typically handle day-to-day business for the big law firms. A smaller firm is a bit like the classic Avis commercial; they work harder. The attention given to the ...more »

Irs Filing & Compliance
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New Solution Launched by Evention Ensures IRS Tip Compliance for Hotels
PR Web (press release)May 3, 2017

This newly launched solution provides tip compliance, amidst recent tip reporting regulations from the IRS, which require hotels to differentiate between Service Charge and Charged Tips. Since Service Charges are imposed upon hotel customers and ...more »

Corporate Income Taxes
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Money Matters / The tax benefits of donating appreciated stock
NewcanaannewsonlineMay 5, 2017

Making charitable donations is a high priority for many of us. It enables us to financially support charitable organizations and causes we believe in. And can lower our income taxes. Under current tax law, donations made to qualified charitable ...more »

Property Taxes
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How rising Colorado home values will affect your tax payment
The ColoradoanMay 4, 2017

And while higher valuations and property taxes are sure to set off another round of protests, a Colorado law that limits how much taxpayers pay in times of quick property value escalation will provide some relief. More: High housing costs halt Fort ...more »

Sales Tax & Use Tax
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With tax projections trending up, Economic Forum begins approving final budget figures
The Nevada IndependentMay 1, 2017

The group, composed of five tax and financial experts from private industry, is given statutory authority to review and approve revenue projections for the state's seven major taxation sources: sales and use tax, percentage fee tax on gaming revenues, ...more »

Estate Taxes & Gift Taxes
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How New York Can Release Trump's Tax Returns
POLITICO MagazineMay 2, 2017

Specifically, the law would require the state tax authority to post on its website the last five years of returns filed by the president and vice president, the state's two U.S. senators, as well as the governor, lieutenant governor, state comptroller ...more »

Tax Evasion Defence
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Corrine Brown found guilty on fraud and tax-evasion charges
Orlando SentinelMay 11, 2017

“Former Congresswoman Corrine Brown violated the public trust, the honor of her position, and the integrity of the American system of government when she abused one of the most powerful positions in the nation for her own personal gain,” Acting ...more »

International Taxation
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IRB: No guarantee of tax law review for medical practitioners
Malay Mail OnlineMay 16, 2017

Last month, the MMA said it was deeply disappointed by a news article that claimed 3,001 doctors were found to have been grossly evading their income tax. ― Malay Mail picKUALA LUMPUR, May 16 ― The Inland Revenue Board (IRB) said today it is ...more »

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