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.
Read MoreMonth: April 2014
Widow Loses House Over $6.30 Tax Bill
A Pennsylvania woman has lost her home for little more than the cost of a Starbucks Frappuccino.
Read MoreGreat Google-y Moogly: Internet Giant Slapped With Huge Tax Bill
French revenue officers visited Google’s Paris headquarters and slapped the internet giant with a reportedly massive tax assessment.
Read MoreGrimm Day: Congressman Indicted On Federal Charges, Including Tax Evasion
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.
Read MoreLet’s Go Places: Toyota Workers Could Save Big Tax Dollars With Move
Toyota has announced today that it would move its headquarters to Plano, Texas. Was the move driven by taxes?
Read MoreNow That Tax Day Has Passed, How Long Should You Keep Those Tax & Financial Records?
It’s true that the Internal Revenue Service wants you to hang on to your important records. Here are some tips to help you figure out which records to keep and how long to keep them.
Read MorePayback Is Forever: Tax Refund Offset Law Remains On The Books
A Washington Post story focusing on the seizure of tax refunds by the government to repay debt that was, in some instances, decades old has attracted attention. Of interest is the authority to seize tax refunds to pay back certain obligations.
Read MoreIRS Reports Tax Filing Numbers As Expected, Issues Statement On Refund Delays
Of tax returns filed before Tax Day 2014, the IRS says it issued more than 85 million refunds. Statistically, that’s about 75% of tax returns filed.
Read MoreWith Tax Day Over, Tax Scammers Are Still In Business
With the ink barely dry on tax returns, scammers are already reaching out to taxpayers.
Read MoreHigher Or Lower: How Do You Think Your U.S. Tax Burden Compares To Other Countries?
If it hurt to write that check to Uncle Sam, you’re not alone: personal income taxes have risen in 21 out of 34 Organization for
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