Missouri Sen. McCaskill paid penalties for late property tax payments on DC … – The Republic

May 21, 2012

Kansas City StarMissouri Sen. McCaskill paid penalties for late property tax payments on DC …The RepublicMcCaskill also paid $198 in penalties and interest after she was late on her spring 2010 property tax payment. And records show she paid a fine a…

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Only 1 In 71 Tax Fraud Cases Went To Trial In The Last 9 Years – Inside Costa Rica

May 21, 2012

Inside Costa RicaOnly 1 In 71 Tax Fraud Cases Went To Trial In The Last 9 YearsInside Costa RicaVargas took over the post last month from Francisco Villalobos, who resigned after admitting to a "mistake" in his income tax payment. The Villalo…

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Self Employment and Canada

May 21, 2012

Today TaxMama® hears from Tony in the TaxQuips Forum with this question. “I have a friend / client who had self employment income in both US and Canada. He has already filed in Canada and is asking me to use the same income amount declared t…

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Conservatives Put GOP Leaders In Tough Spot On Anti-Tax Dodging Bill – TPM

May 21, 2012

Conservatives Put GOP Leaders In Tough Spot On Anti-Tax Dodging BillTPMInspired by the actions of Eduardo Saverin, the Facebook co-founder who renounced his citizenship ahead of a large tax payment associated with the company's much-ballyhooed init…

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Spain moves to claw back taxes from gaming firms – Reuters

May 21, 2012

Spain moves to claw back taxes from gaming firmsReutersBy Rosalba O'Brien | LONDON (Reuters) – European online gambling firms are scrambling to make a back-tax payment being demanded by the cash-strapped Spanish government, which effectively raises…

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Tax penalty deadline approaching – Brownsville Herald

May 21, 2012

Tax penalty deadline approachingBrownsville Herald“At that point a 15 percent or 20 percent attorney fees, depending upon the policy adopted by each tax jurisdiction, will be automatically assessed or added to the balance of taxes due unless the taxp…

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CPA Allegedly Practices Theft of Funds

May 21, 2012

A few years ago, there was a tax blog called April15.com. The proprietor, William Murray, was a CPA in Sacramento. He had a “trust accounting” system. Payments were sent to him, and he supposedly forwarded those payments on. It was a lie. Millions were embezzled; Mr. Murray received 19 1/2 years at ClubFed. Unfortunately, Mr. [...]

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I’m Shocked! A Strip Club Owner Is “Appalled” by Proposed Strip Club Tax

May 21, 2012

Illinois is debating a tax on strip clubs. I’m shocked, just shocked to find that Al Zuccarini, owner of Big Al’s in Peoria (an adult entertainment facility–a strip club) opposes a proposed tax on strip clubs. First, we honor Mr. Zuccarini with the Captain Louis Renault Award: Seriously, Mr. Zuccarini has a point. The tax [...]

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Alabama Adds Tax Appeals Commission

May 21, 2012

In what appears to be a case of everyone being happy, the Alabama legislature with near unanimity (just one ‘no’ vote in both houses of the legislature) approved the new Alabama Tax Appeals Commission. The measure still must be signed off by Governor Robert Bentley. The new Commission will hear tax appeals, including sales and [...]

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Budgeting, California Style

May 21, 2012

The news came out this week from California’s non-partisan Legislative Analyst that the budget deficit in the Bronze Golden State is now $17 billion, up from $15.7 billion (and the $9 billion it was noted as just a couple of weeks ago). So what are the Democrats proposing? Tax increases. I keep harping on the [...]

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