Accounting News Roundup: Everyone Hates Barnier's Audit Reform Ideas; GOP ...
Going ConcernNovember 30, 2011
An IRS worker first spotted a single bedbug at the Seattle office in October. An exterminator trapped a second bug, and that was enough for IRS officials to send in the hounds. Reversing a position it had maintained for 36 years, the Internal Revenue ...more »
City and Region news briefs
GoErie.comNovember 30, 2011
Through his lawyer, Anthony "Buzz" Andrezeski, Beeman on Thursday asked McLaughlin to enjoin the IRS from tapping into his $61000 IRA to help collect $2.1 million in back taxes the IRS claims Beeman owes. Beeman, 62, is claiming the amount is too high. ...more »
Miccosukee Indians sue their ex-lawyer, Dexter Lehtinen, for malpractice
MiamiHerald.comNovember 30, 2011
The Miccosukee Indians have sued their former longtime lawyer, Dexter Lehtinen, accusing him of giving bad legal advice that has landed them in a multimillion-dollar fight with the IRS. Lehtinen disputes the claim. BY JAY WEAVER In court filings in ...more »
Miccosukee Indians sue their ex-lawyer, Dexter Lehtinen, for malpractice
MiamiHerald.comNovember 30, 2011
In a sour ending to a longtime relationship, the Miccosukee Indians have accused their former lawyer, Dexter Lehtinen, of committing malpractice when he advised the tribe on income-tax issues stemming from the distribution of hundreds of ...more »
COLUMN-Obamacare word games, Arianna's real deal -Brill
Reuters AfricaNovember 29, 2011
... the IRS -- a "penalty" for not buying insurance. Did any of the President's lawyers warn the former constitutional law professor about this? The long, gauzy profile of Arianna Huffington in New York magazine raised more questions than it answered. ...more »
Judge sets deadline in Erie County Councilman Beeman's tax case
GoErie.comNovember 29, 2011
Through his lawyer, Anthony "Buzz" Andrezeski, Beeman on Thursday asked McLaughlin to enjoin the IRS from tapping into his $61000 IRA to help collect $2.1 million in back taxes the IRS claims Beeman owes. Beeman is claiming the amount is too high. ...more »
Bankruptcy Sometimes Does Not Eliminate All Debts Says Iowa Bankruptcy Lawyer
Law Firm Newswire (press release)November 29, 2011
Des Moines, IA (Law Firm Newswire) November 29, 2011 – Many think bankruptcy clears up all of their debts. This is not always the case. “There are a lot of myths floating around about filing bankruptcy and what happens when you are done with the ...more »
Whistleblower Protection Under The Dodd-Frank Act and Qui Tam Actions
DigitalJournal.com (press release)November 29, 2011
November 29, 2011 /24-7PressRelease/ -- In late spring of 2011, the federal Securities and Exchange Commission (SEC) published final rules creating a new whistleblower program under the Dodd-Frank Act. The program grants whistleblowers potentially ...more »
Sullivan & Cromwell announces US-led promotions
The LawyerNovember 29, 2011
He has also acted for clients in tax proceedings before the IRS and the US Senate Permanent Subcommittee on Investigations. In Washington DC litigator Amanda Flug Davidoff and general practice lawyer Samuel Woodall were made up. ...more »
Alaska militia leader and 2 others plead not guilty to federal weapons charges
Washington PostNovember 29, 2011
The Salcha couple allegedly owed $118000 to the IRS for failing to pay taxes. According to prosecutors, the couple purchased a gun with a silencer and offered to trade Karen Vernon's jewelry for grenades. They eventually obtained three hand grenades, ...more »
Erie County Councilman Beeman wants IRS away from IRA
GoErie.comNovember 28, 2011
In an emergency motion his lawyer filed in federal court in Erie on Thursday, Beeman wants US District Judge Sean J. McLaughlin to enjoin the IRS from levying Beeman's $61000 Individual Retirement Account. The IRS plans to tap into the account to help ...more »
Stanley Whitten, former US Securities and Exchange Commission investigator, dies
Chicago Sun-TimesNovember 28, 2011
He ended up in a legal battle with the IRS after deducting on his tax return travel expenses and other items related to the trip, claiming they were “wagering losses.” Mr. Whitten eventually lost the case. Mr. Whitten “liked to play lawyer” and had ...more »
Erie County Councilman Beeman wants IRS away from IRA
GoErie.comNovember 27, 2011
The civil tax case is one of several legal problems for Beeman, 62, a Republican elected in 2009 to represent southeastern Erie County. Before he hired a lawyer in the tax case, Beeman represented himself and questioned the authority of the federal ...more »
SA sports agent fights feds to keep land
San Antonio ExpressNovember 27, 2011
In a news release, Sacramento-based US Attorney Benjamin Wagner provided some details of Smith's case and one that is unrelated. Wagner also claimed this: “The commercial cultivation of marijuana is a violation of federal law, and commercial marijuana ...more »
A Family's Billions, Artfully Sheltered
The LedgerNovember 26, 2011
But because the IRS does not classify this as a sale, it allows investors like Mr. Lauder to defer paying taxes for years. It was a common tax reduction strategy for chief executives and wealthy shareholders a decade ago, but in 2006 the IRS said it ...more »
