Wednesday, July 24, 2013

Online Taxes News Links for 7-24-13

Sorry it's been a while since I've posted anything, but I'm back and will be here to give you helpful tax news and advice once again! Thank you for checking up on me.
 
The OECD's International Tax Plan: The First Step On A Very Long Road
Last week, the OECD proposed a major new initiative aimed at cracking down on tax avoidance by multinational corporations. The 40-page report follows widespread international criticism of aggressive tax planning by high-profile U.S.-based firms such as ...
 
CPS officials: Closing budget deficit to include tapping reserves, property ...
Chicago Public Schools officials today said they will be tapping into nearly $700 million in reserves and raising CPS' share of the Cook County property tax to the greatest extent allowed by law to close a $1 billion budget deficit. The district, which ...
 
A Carbon Tax by Any Other Name
SAN FRANCISCO ? The headlines last week were dramatic: Australia abandons its carbon tax. The move seemed to confirm suspicions that putting a price on carbon dioxide emissions is politically toxic. The reality, experts say, is more nuanced. Australia ...
 
NY to refund gay couples forced to pay estate tax
In declaring the section unconstitutional, the court granted gay couples the same rights to assets and lower tax costs under estate tax laws that are provided to couples in traditional marriages. Same-sex spouses may have been required to pay thousands ...
Internal Revenue Service scandal ties to Obama appointee
Internal Revenue Service scandal ties to Obama appointee. Posted: July 23, 2013 - 4:15pm. Advertisement. Does anyone recall when the Internal Revenue Service (IRS) scandal broke? Fingers were pointed at some rebel agents in the Cincinnati office.
 
US court blocks Internal Revenue Service's bid to help Indian IT
MUMBAI: The US Internal Revenue Service's (IRS) efforts to help Indian tax authorities uncover financial information of a US resident, alleged to have evaded tax in India, have hit a road block. A US district court has recently quashed summons issued ...
 
RICO: The real way to hold the IRS accountable
... beginning with the Internal Revenue Service's abuse and targeting of conservatives, Tea Party groups, and Christians, you are looking in the wrong place. What the IRS did tilted President Barack Obama's re-election in his favor. The IRS targeting ...
 
 Courtney Love In the Hole With the IRS, Owes $260K in Back Taxes
The Hole singer reportedly owes the Internal Revenue Service more than $260,000 in unpaid back taxes. According to TMZ, the IRS filed a tax lien against Love on July 11, claiming that America's Sweetheart needs to settle outstanding debts from 2009 and ...
5 from Passaic charged in $2.5M tax refund scam
Perpetrators of such refund scams typically use Social Security numbers and other personal identifying information obtained from unwitting residents of Puerto Rico because they are not required to pay income tax unless they work for U.S.-based ...
 
IRS, States Call on IBM, LexisNexis, SAS to Fight Tax Fraud
A Miami law-office employee admitted in February he had accessed his firm's LexisNexis account and stolen thousands of Social Security numbers of prison inmates?prime targets for tax-fraud identity theft because they are unlikely to file returns?and ...
 
Florida's 'First Lady' of tax refund fraud gets 21 years in prison after ...
Those involved in the tax fraud operation used stolen Social Security numbers to file returns, according to the Global Dispatch. The scam meant that ordinary taxpayers had to wait for up to a year to receive their refunds. Rashia Wilson. Sentenced ...
 
IRS to Biz Owners: Beware of Payroll Tax Scammers
IRS to Biz Owners: Beware of Payroll Tax Scammers The Internal Revenue Service wants owners of small businesses ? and just about any sized business ? to watch out for unscrupulous third-party providers who are entrusted with collecting and timely ...

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