Personal Irs Disputes. Legal news and articles for December 1 - 2, 2011

Like-Kind Exchange - Tricky Business That Works When Done RightFBI raids D.C. Council member Thomas' homeRATE's not-so-gentle reminderIRS vs. Scientology: Here We Go AgainClient Makes $800000; Broker Fined $1.8 MillionNational news in briefA Loss of Independents?

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FBI raids D.C. Council member Thomas' home
Washington TimesDecember 2, 2011

The Washington Times) FBI and IRS agents on Friday raided the Northeast home of DC Council member Harry Thomas Jr., a significant uptick in the pace of a criminal investigation into whether the council member used public funds for personal gain. ...more »

Reducing your tax liability
Monterey County HeraldDecember 6, 2011

If the work clearly relates to future years, the costs must be deducted over the life of the benefit you get from the lawyer or other professional. If you use your car for business, or your business owns its own vehicle, you can deduct some of the ...more »

Personal Irs Disputes. News and Stories

Like-Kind Exchange - Tricky Business That Works When Done Right
VillageSoup BelfastDecember 2, 2011

Which brings us to Like Kind Exchange, a special kind of real estate transaction that can work very well if done correctly in the right circumstances – but takes some real expertise. In the broadest (and simplest) sense, a Like-Kind Exchange is a ...more »

FBI raids D.C. Council member Thomas' home
Washington TimesDecember 2, 2011

The Washington Times) FBI and IRS agents on Friday raided the Northeast home of DC Council member Harry Thomas Jr., a significant uptick in the pace of a criminal investigation into whether the council member used public funds for personal gain. ...more »

RATE's not-so-gentle reminder
Inquirer.netDecember 2, 2011

The case recently filed by Revenue Commissioner Kim Henares under the revitalized Run-After-Tax Evaders (RATE) program of the government against a tax practitioner recalls a tax evasion conviction, reported in the New York Times, that was handed down ...more »

IRS vs. Scientology: Here We Go Again
ForbesDecember 2, 2011

You need a coveted IRS determination letter that you qualify. All the big religions have them and many not so big ones do too. In fact, even compared with the list of tax perks to which other tax-exempt organizations are entitled, church status is the ...more »

Client Makes $800000; Broker Fined $1.8 Million
Financial Advisor MagazineDecember 1, 2011

The award included attorney's fees, IRS penalties incurred by the couple, interest and $1.13 million in compensatory damages to offset losses. The panel also found that Raymond James failed to provide adequate supervision to its broker, ...more »

National news in brief
STLtoday.comDecember 1, 2011

It's an annual exercise for the IRS, which has been nudging taxpayers toward accepting their refunds through direct, electronic deposits to their bank accounts. Out of the nearly 103 million refunds the IRS issued through early June this year, ...more »

A Loss of Independents?
CFO.com MagazineDecember 1, 2011

Not very — especially because the IRS, the Department of Labor, and the states themselves don't have the staff needed to provide such enforcement. Yet even as the economy grows more reliant on temporary labor, regulators are becoming increasingly ...more »

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