Credit Suisse was ordered today to pay up for its role in helping U.S. taxpayers evade taxes. The banking giant must pay $1.8 billion to the U.S. by next week. What else does the sentencing mean?
Suspected Nazi war criminals are said to have collected millions in Social Security benefits after fleeing the country. Why? According to one beneficiary’s son, it’s as simple as, “He paid into the system.”
After a judge handed down jail sentences for them both, Teresa and Joe Giudice sat down with Bravo’s Andy Cohen on What Watch Happens Live to talk about what comes next. Teresa claimed, during the interview, that she had no idea that jail was a real possibility. But does her statement make sense?
It’s sentencing day for Teresa and Giuseppe “Joe” Giudice, stars of reality television’s “Real Housewives of New Jersey” – and the result is clearly not what they were hoping for.
A Las Vegas man will likely spend some serious time behind bars for his role in a scheme that the defrauded the government by filing of false tax returns. Assistant Attorney General Kathryn Keneally for the Tax Division and U.S. Attorney Daniel G. Bogden for the District of Nevada announced that Damon Boswell of Las Vegas pleaded guilty to conspiracy to submit false federal income tax returns. Working with Cheryl Ramos, Boswell advised individuals that if they had not filed their 2008 federal income tax returns and did not owe back taxes, they were entitled to receive “Obama Stimulus” money. …
When I crafted my list of my best tax advice (ever), it seems that I left one fairly important tip out: don’t threaten to kill anyone who works at IRS. I guess I figured that sort of thing went without saying. I was apparently wrong. Last week, a federal judge found Andrew A. Calcione of Cranston, Rhode Island, guilty of threatening to assault and murder an IRS Revenue Agent and his family. The reason? Calcione didn’t want to pay his taxes. According to government testimony, Calcione was selected for audit for the years 2008, 2009 and 2010. As a result …
Attorney General Eric Holder has announced that no bank is “too big to jail” after Credit Suisse reached a plea deal on conspiracy charges. How will this latest move affect taxpayers?
In the end, popular opinion wasn’t enough to save Domenico Dolce and Stefano Gabbana, the designers behind the highly lucrative fashion label Dolce & Gabbana. Despite pleas on social media and protests from fans, an Italian appeals court has upheld the decision reached last year in a lower court which found the pair guilty of tax evasion.
French revenue officers visited Google’s Paris headquarters and slapped the internet giant with a reportedly massive tax assessment.
Rep. Michael Grimm (R-NY) was hit with a 20 count indictment including five counts of mail fraud, five counts of wire fraud, three counts of aiding and assisting in the preparation of false federal tax returns, one count of conspiring to defraud the United States, one count of impeding the Internal Revenue Service, one count of health care fraud, one count of engaging in a pattern or practice of hiring and continuing to employ unauthorized aliens, two counts of perjury and one count of obstructing an official proceeding.