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Harrisburg man sentenced to prison for conspiracy to defraud IRS of approximately $1 million

westmorelandtimes.com — The United States Attorney’s Office for the Middle District of Pennsylvania announced that Vanny Son, 33 years of age, Harrisburg, Pennsylvania, was sentenced Thursday by U.S. District Court Judge John E. Jones III to 37 months imprisonment to…

Julius Baer Likely Next To Settle U.S. Tax Allegations

www.mondaq.com — During a meeting with shareholders on April 15, Daniel Sauter, Chairman of Julius Baer Group Ltd., said the bank was at “an advanced stage of talks” with U.S. authorities. The U.S. Department of Justice has been investigating Julius…

Sen. Grassley Wants IRS Action On Taxpayer Data Protection

www.law360.com — The budget-stifled Internal Revenue Service has been grappling with computer security issues for years, but U.S. Sen. Chuck Grassley, R-Iowa, has had enough, and he wants the agency to explain how it’s solving the problem, according to a…

Hernando School Board sets sales tax vote for November

www.tampabay.com — The Hernando County School Board on Tuesday picked both the time for its planned half-cent sales tax referendum — this November — and the approach for the campaign. “We all preferred the low-cost option,” school district spokesman Eric…

Tax credit bill for Florida-made movies postponed again

tbo.com – For the second time in two weeks, the House’s film and entertainment tax credits bill has been pulled off of an agenda of bills for consideration. The measure (HB 451) was “temporarily postponed” last week to Tuesday’s floor…

Income tax won’t get off ground in Washington state

union-bulletin.com – Income tax is the third rail in Washington state politics. Yet, state Treasurer Jim McIntire this week dared to touch this dangerous topic when he proposed a 5 percent income tax to fund education. McIntire said an overhaul…

Tax Filing Guide for Entrepreneurs

If you are starting out in business, you need to be aware of the tax obligations you have as a first-time business owner.  If you are new to entrepreneurship, this post will help you navigate your tax responsibilities to Uncle…

Federal Employees Owe More Than $1 Billion in Back Taxes

Federal government employees owe more than $1.14 billion in unpaid taxes in 2014, more than the previous year’s figure by about $65 million.  This amount was owed by about 113,800 federal workers whereas the delinquent taxes in 2013 was owed by 116,169 employees….

Lummis votes to limit IRS impact on Americans, wants to reform tax code

oilcitywyo.com – Last week, U.S. Representative Cynthia Lummis supported and voted for a host of bills that reform the tax code and restrict the IRS. Two of the more important bills, which Rep. Lummis also cosponsored, are H.R. 622: State…

Today is Tax Freedom Day

www.pnj.com – Today, state taxpayers have finally made enough money to pay their total tax burden for the year, according to the nonpartisan Tax Foundation. Starting the next day, you actually get to keep the money you make. This holiday…

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