Posts Tagged ‘IRS’

Supreme Court tax case to determine extent of IRS enforcement authority

Tom Ramstack – AHN News Legal Correspondent Washington, D.C., United States (AHN) – The U.S. Supreme Court plans to issue a ruling in a corporate tax shelter case this spring at a time of uncertainty in the tax laws. Some tax breaks for individuals and corporations are scheduled to expire next month but Congress is […]

After 15 years, Nevada identity thief brought to justice

Windsor Genova – AHN News News Writer Las Vegas, NV, United States (AHN) – A 73-year-old man who used the identification of another person for 15 years has pleaded guilty to identity theft in Las Vegas, ending the victim’s years of troubles with the IRS. A Clark County judge scheduled the sentencing of Arthur Gerald […]

U.S. IRS seeks court order to force HSBC to disclose names of Indian-American depositors

The U.S. Internal Revenue Service asked a California federal judge Thursday for a court order to mandate Hong Kong and Shanghai Banking Corporation to disclose the names of wealthy Indian-American depositors who are suspected of tax evasion. The IRS believes that the suspects opened offshore accounts through HSBC’s affiliate in India. View full post on […]

Tax firm agrees to refunds, change business practices

Texas Attorney General Greg Abbott announced a settlement with a tax consulting firm that promises clients to help them negotiate their IRS debt. View full post on Business Stories

IRS delays filing of key deductions

Taxpayers who claim deductions for home-mortgage interest, gifts to charity and state and local taxes will have to wait until middle to late February to file their 2010 returns. View full post on Business Stories