Jurors in Ocala, Fla., will begin deliberating the fate of actor Wesley Snipes today, accused of failing to pay taxes on more than $58 million in income, according to the…
The U.S. Tax Court was not impressed with the Internal Revenue Service’s attempt to use a Wikipedia definition to quibble with the meaning of “gambler’s fallacy.”
The defense will begin to present its case this week in the trial of actor Wesley Snipes, accused of tax fraud, conspiracy and failure to file tax returns. The witness…
More than 100 federal agents raided four Southern California museums and a Los Angeles art gallery this morning after a five-year investigation of an alleged foreign art-smuggling scheme.
Bankruptcy judges are criticizing the business practices of Countrywide Financial, part of the legal headaches that Bank of America Corp. will be taking on when it acquires the troubled lender.
At almost the last possible minute this year, the U.S. House of Representatives has passed a temporary alternative minimum tax relief measure that is expected to save some 23 million…
Although senators on both sides of the aisle agree that an alternative minimum tax fix is needed, they stalled today on efforts to work together to craft an acceptable resolution…