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Tax News

News on Tax continually updated from thousands of sources around the net.

2 hrs ago | WSB-TV

4 people face 3,736 charges in tax refund scheme

A Cobb County grand jury has indicted four people in what prosecutors call a tax fraud scheme involving a total of 3,736 charges.

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Related Topix: Cobb County, GA

7 hrs ago | The New Zealand Herald

Vector wins $7.6m tax refund in court fight

Vector has won a High Court fight with Inland Revenue and says is now entitled to a $7.6 million tax refund.

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Thu Aug 28, 2014

The York Daily Record

York eyes earned income tax hike

York Mayor Kim Bracey believes that the city's best option to fund an estimated $2.2 million increase in pension payments could be to raise the earned income tax rate.

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Related Topix: York, PA, Social Security, Personal Finance

Lowell Sun

Four from Lowell plead guilty to fraud charges

Four members of a Lowell family have pleaded guilty to charges they schemed to hide $25 million in wages from the IRS.

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Related Topix: Lowell, MA

The CPA Technology Advisor

5 Ways to Spot Fake IRS Phone Calls

The Internal Revenue Service continues to warn taxpayers across the country of a series of scam phone calls from people pretending to be IRS officials in order to get sensitive personal information.

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Real Estate Investing for Real

When Are Tax Return Required for Legal Entities? The Answer May Surprise You

This particular investor had just graduated college a little over a year ago and he and his friend decided to get into the flipping business.

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Related Topix: Marketing

KVBC-TV Las Vegas

Former U.S. attorney pleads guilty in tax return case

A local lawyer who served as U.S. attorney for Nevada pleaded guilty today to failing to file federal individual and corporate income tax returns from 2006 to 2010.

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Related Topix: Las Vegas, NV

Forbes.com

Tax Court Sides With IRS In Tax Treatment Of Frequent Flyer Miles Issued By Citibank

Years ago, I found myself sitting in law school in Moot Court wearing an oversized itchy blue suit.

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Related Topix: Travel, Frequent Flyer Miles, Philadelphia, PA, US Politics, US News, Sherrod Brown, US Senate, US House of Representatives, Democrat

Bangor Daily News

Brunswick duo charged with allegedly conspiring to cover up tax evasion scheme

A federal grand jury indicted two Brunswick men in their 70s on charges they allegedly conspired to cover up a scheme to defraud the U.S. government of hundreds of thousands of dollars.

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Waukesha

Internal Revenue Service Warns Phone Scam

The Federal Internal Revenue Service is warning people about telephone calls from people claiming to represent the IRS and demanding money.

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NewsBusters.org

Sharyl Attkisson Schools ABC, CBS, NBC on How to Cover the IRS Scandal

Unlike her colleagues at the Big Three networks, investigative reporter Sharyl Attkisson, on Tuesday night, actually dug into the finer points behind the big bombshells revealed in the IRS scandal this week.

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Related Topix: US News, Lou Dobbs Tonight, Entertainment, Television

The Daily Democrat

Health law credits could take bite out of tax refunds

But if you count on your tax refund and you're one of the millions getting tax credits to help pay health insurance premiums under President Barack Obama's law, it's not too early.

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Related Topix: Healthcare Law, Law, Health Insurance, Health, US Politics, US News, Barack Obama

Wed Aug 27, 2014

Proctor Journal

Tax return check has arrived, so buy the shoes

Your tax return check has arrived in the mail. Now you'll finally pay off that credit card or add the extra cash to your savings for a rainy day.

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Related Topix: Marketing

CNN

Vanessa Williams hit with tax lien

Vanessa Williams may soon be writing a very big check. The IRS has filed a tax lien against the actress, saying that she owes $369,249 to the federal government for her earnings in 2011.

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Related Topix: Desperate Housewives, Comedy, Entertainment, Drama, Television, Celebrities, Vanessa Williams, Economics News, Bankruptcy, Comedy Movies, Meet the Parents

The CPA Technology Advisor

Two Miami Women Face Tax Fraud Charges: $3 Million-plus in Bogus Refunds

Two Miami-Dade women have been charged with preparing dozens of phony income-tax returns and pocketing a chunk of the multimillion-dollar refunds, the U.S. attorney's office said Tuesday.

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Times Post

Houston considers tax increase

The Houston Board of Aldermen is considering its first tax increase since 2006 as it eyes next year's proposed budget.

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Related Topix: Houston, MS, Chickasaw County, MS

Bangor Daily News

How to reduce taxes without busting the budget

A few days ago, Rep. Paul Ryan of Wisconsin waded into a debate among his fellow Republicans about how they should think about tax policy.

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Related Topix: US Politics, US News, Republican, US House of Representatives, Paul Ryan, Devin Nunes, Opinion

Tue Aug 26, 2014

Fox News

Lois Lerner's Blackberry deliberately destroyed after start of congressional probe: IRS lawyer

May 22, 2013: Director of Exempt Organizations for the Internal Revenue Service Lois Lerner prepares to deliver an opening statement to a House Oversight and Government Reform Committee hearing on alleged targeting of political groups seeking tax-exempt status from by the IRS, on Capitol Hill in Washington.

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Related Topix: Criminal Defense Law, Law, Representative Jim Jordan, US Politics, Republican, US House of Representatives, Ohio, Conservative Political News

Business Journal

Bexar County's proposed budget includes tax cut

Bexar County Judge Nelson Wolff says the region has "rounded the corner" with regard to any lingering effects of the Great Recession.

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Post and Courier

One-day S.C. House session stirs question on its necessity

A special one-day S.C. House session Wednesday to debate and potentially override vetoes on two seemingly minor bills has some lawmakers scratching their heads.

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Related Topix: Nikki Haley, US Governors, Libraries, Murrells Inlet, SC, Myrtle Beach, SC

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