Tax Law

Lawyer to stand trial on tax charges – Cincinnati.com

Lawrence faces up to three years in prison if found guilty on all three counts of filing a false tax return in 2005, ‘06 and ‘07. In April 2008, federal treasury agents raided Lawrence’s law office and the club seizing … Continue reading

Clashing laws can help gay parents cut taxes – Yahoo Finance

The laws governing same-sex couples are changing quickly, and IRS rules, such as those governing heads of household, continue to be reinterpreted. Above all, these experts say, gay couples should do research, seek a knowledgeable tax adviser …

The Largest Set of Tax Law Changes in 20 Years’ – Weekly Standard

2:37 PM, Jun 22, 2012 • By JEFFREY H. ANDERSON That’s because, according to the official estimate that the Treasury Department sites, that $438 billion in new taxes, fees, and penalties on Americans and American businesses is just the tally … Continue reading

Tax payers to benefit from self assessment regime – GhanaHomePage

Mr. Damoah said under the SA Regime, as required by Section 78 of Internal Revenue Act 2000, ACT 592, tax payers are allowed not only to submit to the CG, estimates of their chargeable incomes before the beginning of the … Continue reading

HMRC gets tough on tax avoidance schemes – Financial Times

Members of these schemes may face other lines of attack, warns Bull. “The law itself provides that where the service company is outside the UK, the tax can be recovered from the individual instead.” I have read that the schemes … Continue reading

Brewer signs tax cuts package into law – YourWestValley.com

Gov. Jan Brewer signed a package of tax cuts into law on Friday that will reduce state revenues by more than $100 million by 2019. Brewer said the provisions, taken together, should help stimulate the state economy. And that, the … Continue reading

If tax avoidance is immoral, then our laws and our morals have parted ways – Daily Telegraph Blogs

What’s wrong with tax avoidance? It’s not against the law. Why this sudden outbreak of self-righteousness from people in high places? Is it the usual politics of envy? Tax evasion is wrong, of course, and it is rightly a criminal … Continue reading

I’ve made a terrible error of judgment’: Comic Jimmy Carr apologises and pulls out of off-shore ‘tax avoidance’ scheme – Daily Mail

Labour leader Ed Miliband said: ‘I’m not in favour of tax avoidance, obviously, but I don’t think it is for politicians to lecture people about morality. ‘I think what the politicians need to do – if the wrong thing is … Continue reading

Tax the Rich? Don’t Be Ridiculous – Wall Street Journal

… particularly heavily emphasized in the U.S. and the U.K. And it exists primarily because of the vast complexity of tax laws. The U.K. tax code encompasses some 11,000 pages. A hard copy of the U.S. tax code six years … Continue reading

Health-Care Tax Credit Eludes Some – Wall Street Journal

Government offices and small-business advocacy organizations had projected that millions of employers would be eligible for the health-care tax credit when the health-care overhaul law passed in March 2010. Starting that year, the Internal …