When The Patient Protection and Affordable Care Act (often just referred to as “Obamacare”) took effect, one of the most controversial features was the so-called Cadillac tax. The tax was intended to target high-cost health care plans, thus earning the moniker “Cadillac.” The tax hasn’t changed much since it was first dreamed up. It’s still intended to…
Last week, Italian police stopped rapper Snoop Dogg and found $422,000 (€385,071.64) in his luggage (Louis Vuitton, of course) just as he was about to board a plane. Snoop, whose real name is Calvin Broadus, had not declared the cash and that’s against the rules. In the European Union, the maximum amount of cash that…
As the Tax Extenders bill languishes in Congress, another band-aid bill, the short term extension of the mass transit and highway funding bill, quickly made its way through the red tape. The bill was introduced in the House on July 28, 2015 and passed on July 29, 2015. The bill passed in the Senate without…
“You’re two people who have great talent, who’ve been very successful in life, who I am going to send to prison,” Manhattan Federal Court Judge Denise Cote advised Dr. Jeffrey Stein and his wife, Marla Stein, shortly before handing down their sentence. Both will spend time in federal prison for their respective roles in cheating…
Calling property taxes “unethical, unchristian-like and above all, it is thievery,” tax protester Steven Piotrowski finally paid off his 2013 Montgomery County property taxes this week, preventing a sheriff’s sale at the last minute. He would not, however, go quietly. He initially decided to make a statement by paying off his bill with 83,160 pennies….
Just weeks after former Rep. Michael Grimm (R-NY) was sentenced to prison on tax related charges, Rep. Chaka Fattah (D-PA) and a number of his associates found themselves targeted by the feds. On Wednesday, a 29 count indictment was handed down to Fattah, as well as lobbyist Herbert Vederman, 69, of Palm Beach, Florida; Fattah’s…
There’s some good news for a Pennsylvania woman this week: she can keep her home. A decision from the Pennsylvania Supreme Court has put an end to litigation involving the sale of her home due to an alleged underpayment. The woman, Eileen Battisti, allegedly failed to pay $6.30 (downloads as a pdf) in interest on a late payment of property taxes…
(Ouch, I know. It’s a really bad pun. I couldn’t help myself.) The Internal Revenue Service (IRS) recently issued a reminder to taxpayers that there’s another outlet for IRS tax tips, videos and more: Tumblr. Tumblr is a microblogging platform where users access and share text, photos, videos and other information from their smartphone, tablet…
As the heir of a long time National Football League (NFL) franchise owner, Hugh Culverhouse Jr. knows a little bit about blindsiding. He just didn’t expect to experience it himself from the Internal Revenue Service (IRS). According to Culverhouse, the IRS blindsided him with a demand for payment on a tax liability that doesn’t exist…
Ever wonder if the check really is in the mail? For some postal customers in Pennsylvania, the answer was yes: those checks just never actually made it to their destinations. And they allegedly have Patrick D’Ambrosio to blame. D’Ambrosio, a 48 year old Philadelphia postal worker, has been charged with obstruction for failing to deliver…