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Taxgirl

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Month: July 2016

Massachusetts Cigarette Taxes Raise Millions But Not For Anti-Smoking Programs

Kelly Phillips ErbJuly 15, 2016

Massachusetts’ cigarette smokers paid an extra $285 million from the $1 per pack hike tax approved in 2013. That’s the good news. The bad? None of that extra cigarette tax revenue was used to stop smoking.

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The Infiltrator Movie: Drugs, Dirty Money & Deep Cover

Kelly Phillips ErbJuly 14, 2016May 19, 2020

The Infiltrator, starring Bryan Cranston, John Leguizamo, and Benjamin Bratt, opened in theaters nationwide on July 13. I had a chance to talk with Bob Mazur, whose life is portrayed in the film. Here’s what he had to say.

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Music, Tax & The Prime Minister: How Live Aid Changed The UK And The World

Kelly Phillips ErbJuly 13, 2016

Live Aid was a “super concert” launched 31 years ago today with 16 hours of rock music in two venues (London and Philadelphia) linked by satellite. Performers like Bono, Madonna, and Queen said yes to Sir Bob Geldof’s charitable call. But who didn’t say yes? Prime Minister Margaret Thatcher. At first.

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Back To School Sales Tax Holidays Start Soon For 2016

Kelly Phillips ErbJuly 12, 2016

When every dollar counts, parents look for ways to reduce costs. One way is to take advantage of state sales tax holidays for back to school related items. Here’s a lost of states are offering sales tax holidays for back to school items.

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NJ Woman Finds Lottery Ticket While Doing Her Taxes

Kelly Phillips ErbJuly 8, 2016January 12, 2022

Yokasta Boyer was prepping to do her taxes – sifting through records and documents – when she found an old Jersey Cash 5 lottery ticket. It was a winner.

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IRS Seeks Court Order To Make Facebook Turn Over Info Related To Asset Transfer

Kelly Phillips ErbJuly 8, 2016

The U.S. Department of Justice filed a petition this week in an effort to force social networking company, Facebook Inc., to turn over information to the Internal Revenue Service (IRS) about the transfer of assets to Facebook’s Irish holding company, Facebook Ireland Holdings Limited (Facebook Ireland).

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Soccer Star Lionel Messi Will Appeal Conviction, Prison Sentence On Tax Evasion Charges

Kelly Phillips ErbJuly 7, 2016

Barcelona soccer star Lionel Messi and his father, Jorge, will appeal a Spanish court decision finding the pair guilty of tax fraud.

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Soccer Star Lionel Messi Found Guilty Of Tax Evasion, Sentenced To 21 Months In Prison

Kelly Phillips ErbJuly 6, 2016

A Spanish court has found Argentine footballer Lionel Messi guilty of tax fraud. The soccer superstar has been sentenced to 21 months in prison.

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Practically Untouchable: Going Offshore Still Has Benefits

Kelly Phillips ErbJuly 6, 2016May 6, 2019

In the Cayman Islands it’s a crime to even inquire about a person’s accounts, let alone to disclose their contents.

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On July 4, A Declaration Of Independence From British Taxes And British Rule

Kelly Phillips ErbJuly 4, 2016

On July 4, 1776, in Philadelphia, Pennsylvania, the Continental Congress formally adopted the Declaration of Independence. The Declaration of Independence is exactly what it sounds like: an announcement to the world that the United States of America was declaring its independence from King George III and Great Britain.

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