The chairman of the House Committee that writes the federal tax code failed to report more than $75,000 in rental income from a villa he owns in the Dominican Republic,…
For more than 20 years, the Internal Revenue Service has used the same method to tax shares and funds distributed by mutual life insurance firms to policyholders when they reorganize…
The founder of the “Girls Gone Wild” videos has announced he is filing suit to rescind a settlement agreement reached with three underage girls after he was jailed by a…
Some companies are moving obligations for executive benefits into rank-and-file pension plans in a move that allows them to immediately deduct contributions.
Employers that hand out cell phones to their workers are being billed hundreds of thousands of dollars in back taxes for failing to report the fringe benefit as income to…
Police have charged a New York tax lawyer who owned the Hot Lap Dance Club with laundering prostitution profits from the club through a voter reform group he founded.
In the wake of a series of revelations concerning secret accounts at UBS AG and other foreign banks, new rules are about to be released by the Internal Revenue Service…
The final defendant in the prosecution against the Milberg law firm has agreed to plead guilty to “an improbable tax-related felony,” in the words of the Daily…
In the wake of a precedent-setting federal court ruling earlier this week that the IRS can seek the names of Americans holding secret accounts from Swiss-based UBS AG, the agency…
In a reportedly unprecedented court order, a federal judge in Miami has ordered Swiss-based UBS AG to reveal the names of U.S. residents who have been using secret accounts to…
Updated: The Department of Justice is trying to get an unprecedented federal court order requiring a Switzerland bank to turn over the names of wealthy U.S. residents who maintained secret…
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.