Tax News

Disbarred Bellevue Attorney Sentenced to 13 Months in Prison for Role in "Pump and Dump" Stock Scheme Defendant Taken into Custody at Sentencing for Continued "Dishonest and Deceptive" Practices TOLAN FURUSHO, 39, a former attorney practicing in Bellevue, Washington was sentenced today to 13 months in prison, three years of supervised release, a ...

Federal Officials Announce the Guilty Plea of a Luzerne County Attorney Accused of Aiding Mark Ciavarella and Michael Conahan Avoid Detection in Tax and Honest Services Fraud Scheme Martin C. Carlson, United States Attorney for the Middle District of Pennsylvania; Janice Fedaryck, Special Agent in Charge, Federal Bureau of Investigation; and Don ...

States start their new budget year Wednesday, reeling from the recession but sparing most citizens from painful cuts in education and health care.

NEW DELHI: The government has deferred the introduction of a Unique Transaction Number for filing of income tax returns by assessees whose tax is deducted at source .

Gov. Jon S. Corzine on Monday signed a $29 billion state budget that lays out how New Jersey will spend taxpayer for the 12 months beginning Wednesday.

The Social Security Administration has continued to pay millions of dollars in benefits to dead Americans, and other elderly U.S. residents are at risk of losing badly needed aid because they're improperly recorded as deceased, federal investigators warn in a new report.

Boca Raton resident Steven Michael Rubinstein, and a client of Swiss UBS bank, has pleaded guilty to filing a false tax return for tax year 2004, the Justice Department and Internal Revenue Service announced.

By PHILLIP RAWLS= Associated Press Writer= MONTGOMERY, Ala. - The longest U.S. recession since World War II has caused Alabama's tax collections to plummet so badly that more than 120,000 taxpayers are having to wait for their state income tax refunds.

Therea s a surprising savings opportunity out there for homeowners during these difficult times.

Deep in debt and short on cash, California on Thursday churned out its first batch of IOUs in nearly two decades amid grumbles from bankers, growing public outrage and scant progress in negotiations to resolve the state's widening budget deficit.

Colin Daymude was out of work last year after his business failed and eagerly filed his taxes in mid-January, figuring he'd get his refund sooner.

"That amount represents the impact of adding the 8% sales tax to goods and services that previously did not face the PST -- for example, repair, maintenance and property management services, natural gas and electricity," Hudak said yesterday.

Elaine A. Brown, the former West Lebanon dentist, looked like anybody's grandmother when she and her husband, Edward Brown, appeared at their trial yesterday on charges of illegally possessing weapons and explosives and plotting to commit crimes against the United States.

Floyd Mayweather Jr. has said rumblings about his financial troubles are nothing more than rumors, but public records obtained by The Associated Press show the boxer nicknamed "Money" owes about $6.4 million to the Internal Revenue Service and others.

Joyce White Vance, United States Attorney for the Northern District of Alabama, Charles E. Regan, Acting Special Agent in Charge, Federal Bureau of Investigation, and Reginael McDaniel, Special Agent in Charge, Internal Revenue Service, Criminal Investigation Division, announce that a federal jury returned a verdict finding GREGORY JOHN KATOPODIS ...

A Phoenix resident was convicted on Tuesday of income tax evasion, corrupt interference and multiple counts of fraudulent use of a Social Security number, the Department of Justice and IRS said.

When it comes to investing, bonds are generally the best low-risk financial instruments available.

A suburban Chicago doctor who became tangled in the corruption investigation of Gov.

Indiana Gov. Mitch Daniels says taxpayers came out ahead in the special legislative session that ended Tuesday.

In California, Gov. Arnold Schwarzenegger declared a fiscal emergency and ordered state offices closed three days a month to save money as the state sank deeper into dysfunction.