Personal Irs Disputes. Legal news and articles for August 24 - 31, 2012

Karl Rove's Donor Plan Could Run Afoul Of IRS, Congressional Report SuggestsFirms Probed Over Tax PracticeMiccosukee Tribe Challenges IRS Requests on Gambling ProfitsBeeman's brother buys Waterford properties at IRS auctionThree Rules For Hiring Contingent Fee LawyersBeeman's brother top bidder on Waterford properties at IRS auctionDOE questions Solyndra bankruptcy planMitt Romney's Tax Mysteries: A Reading GuideDOE questions Solyndra bankruptcy planEnergy Department, IRS want more information on tax provisions of Solyndra ...DOE questions Solyndra bankruptcy planSolyndra Losses Could Profit Private-Equity FirmsYoussef: Silence attorneyDebate Over Bain Capital Investor DocumentsCrime and Courts Roundup: Milwaukee neurosurgeon to be sentenced for filing ...

Top Picks in News

IRS probes Miccosukee Tribe over gambling profits
Tampabay.com (blog)August 2, 2012

The IRS' sweeping new action, which the Miccosukees are trying to stop in Miami federal court, seeks internal documents of the tribe's gaming distributions during 2006-2010 as well as its council meeting records on tax matters from as far back as 1985.more »

IRS worker stole landlord's info, opened fake credit cards
Philadelphia Daily NewsAugust 15, 2012

Flowers subsequently was transferred to IRS offices in Maitland, Fla., before authorities informed her that she was a target of the investigation, Assistant U.S. Attorney Floyd Miller said. The prosecutor said Flowers quit the IRS last year. Flowers ...more »

Personal Irs Disputes. News and Stories

Karl Rove's Donor Plan Could Run Afoul Of IRS, Congressional Report Suggests
Huffington PostAugust 31, 2012

WASHINGTON -- A new report from Congress' nonpartisan research arm suggests that the Internal Revenue Service won't have much patience with the argument from groups like Karl Rove's Crossroads GPS that the ads it buys shouldn't be counted as ...more »

Firms Probed Over Tax Practice
Wall Street JournalAugust 31, 2012

The New York Attorney General is investigating a practice in the private-equity industry that involves converting certain fees into investments eligible for more-favorable tax treatment, people familiar with the matter said Saturday. .... Gregg D ...more »

Miccosukee Tribe Challenges IRS Requests on Gambling Profits
The LedgerAugust 31, 2012

Bernardo Roman III, lawyer for the Miccosukee tribe, told a three-judge panel of the 11th U.S. Circuit Court of Appeals that the IRS has no explicit authority to subpoena banks for tribal records. Roman wants the court to overturn a judge's 2011 ruling ...more »

Beeman's brother buys Waterford properties at IRS auction
GoErie.comAugust 31, 2012

At a 10-minute IRS auction Wednesday morning at the Erie County Courthouse, Beeman's brother, Bart, successfully bid to purchase the properties, including a house where Beeman lived at 777 Old State Road. Bart Beeman agreed to pay a total of $295,000 ...more »

Three Rules For Hiring Contingent Fee Lawyers
ForbesAugust 30, 2012

See Which Client Costs Are Tax Deductible? Part 1 and Part 2. That's one reason you may find your lawyer is quite conscious of costs. See Lawyers Who Deduct Client Costs: Revisiting Boccardo. Robert W. Wood practices law with Wood LLP, in San ...more »

Beeman's brother top bidder on Waterford properties at IRS auction
GoErie.comAugust 30, 2012

Beeman's lawyer in the tax case, Anthony "Buzz" Andrezeski, presented evidence in federal court that Beeman owes the government only $111,475 in taxes. U.S. District Judge Sean J. McLaughlin stayed the IRS auction in February, and let Andrezeski ...more »

DOE questions Solyndra bankruptcy plan
BusinessweekAugust 28, 2012

DOVER, Del. (AP) — Solyndra LLC should provide more information about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar power company, government lawyers said in a court filing ...more »

Mitt Romney's Tax Mysteries: A Reading Guide
FCIRAugust 28, 2012

According to the Journal, tax lawyers couldn't point to an instance where the IRS challenged valuations in private equity retirement accounts. Romney did use his IRA to co-invest in Bain deals, but it's not apparent whether he used the strategy ...more »

DOE questions Solyndra bankruptcy plan
WIVBAugust 28, 2012

The DOE and IRS contend that the investment firms, including one linked to an Obama fundraiser, could use Solyndra's past net operating losses to avoid huge income tax liabilities in the future. Government lawyers say Solyndra needs to provide more ...more »

Energy Department, IRS want more information on tax provisions of Solyndra ...
Washington PostAugust 28, 2012

DOVER, Del. — Lawyers for the federal government say Solyndra LLC needs to provide more information in its reorganization plan about tax breaks that could be worth hundreds of millions of dollars to private equity funds that control the failed solar ...more »

DOE questions Solyndra bankruptcy plan
Huffington PostAugust 28, 2012

In addition to more information about the tax breaks, government lawyers are seeking clarification of Solyndra's remaining obligations under the 2011 debt restructuring. As part of the restructuring, some $175 million in convertible debt was ...more »

Solyndra Losses Could Profit Private-Equity Firms
Wall Street JournalAugust 27, 2012

The U.S. Department of Energy and the Internal Revenue Service are demanding information on potential tax breaks that could allegedly be worth "hundreds of millions of dollars" to the private-equity firms behind failed solar-power-equipment maker ...more »

Youssef: Silence attorney
Concord MonitorAugust 25, 2012

Youssef, 36, of Laconia, alleges that Mosca has illegally made unflattering parts of the Youssefs' divorce case available to the Monitor and to the public on his blog to hurt Youssef's Senate campaign. In one blog post, which he has since deleted ...more »

Debate Over Bain Capital Investor Documents
Wall Street Journal (blog)August 25, 2012

Victor Fleischer, a tax-law professor at the University of Colorado, said on his blog that he doesn't buy the argument that the favorable tax treatment is justified because the converted income is at risk, adding that all this amounts to a case that ...more »

Crime and Courts Roundup: Milwaukee neurosurgeon to be sentenced for filing ...
Pierce County HeraldAugust 24, 2012

Prosecutors said Ahuta moved millions-of-dollars from U-S banks to India – and he failed to report two-point-seven-million in interest income to the I-R-S. The interest was given from 2005-through-'09. U-S Attorney James Santelle said the government is ...more »

Archive

Legal and Criminal News in 2017
Legal and Criminal News in 2016
Legal and Criminal News in 2015
Legal and Criminal News in 2014
Legal and Criminal News in 2013
Legal and Criminal News in 2012
Legal and Criminal News in 2011
Legal and Criminal News in 2010
Legal and Criminal News in 2009
Legal and Criminal News in 2008
Legal and Criminal News in 2007
Legal and Criminal News in 2006
Legal and Criminal News in 2005
Legal and Criminal News in 2004
Legal and Criminal News in 2003
Legal and Criminal News in 2002
Legal and Criminal News in 2001
Book of the Day in our Store
Share it on TwitterFacebook
Regulating Managed Care: Theory, Practice, and Future OptionsRegulating Managed Care: Theory, Practice, and Future Options
by Stuart H. Altman, Uwe E. Reinhardt, David Shactman
  • List Price: $75.00
  • Price: $6.00
  • You Save: $69.00 (92%)
from $5.10
View
Michael A WilkinsAttorney at LawPRACTICE AREA: Family Law, Elder Law, Contracts, Wills & Probate, Insurance Litigation, Trusts & Estate Planning, Litigation, Sports Law, Military Law & Military Benefits
Howard S JatlowAttorney at LawPRACTICE AREA: Real Estate Law, Business Law, Sports Law, Industrial Development Law