Crown capers; with a bullet; using the jailed; and other highlights of recent tax cases. Houston: Preparer Fatai Adeniji, owner of Crown Financial Services, has entered a guilty plea to aiding and assisting in preparing false returns. He admitted that from 2012 through 2016 he prepared returns for clients that contained false income, false expenses,
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Credit: Getty Royalty-Free In the news today, the Democrats have announced that they’ve formed an “Expand Social Security” caucus to promote bills such as the one introduced as “Social Security 2100 Act” earlier this year.  As I wrote back in April, the bill applies Social Security taxes to income over $400,000 (with no apparent inflation
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Apple’s latest model of its Apple Watch, complete with new health features ostensibly targeting the aging population, could be the company’s key to unlocking an even larger customer base, CNBC’s Jim Cramer said Thursday. “If you get the watch, you’re going to get the phone. That’s the way it works,” the “Mad Money” host said.
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In Washington state, carbon taxation is the idea that’s not going away. After a purportedly revenue-neutral carbon tax was defeated decisively at the polls in 2016, and the governor’s revenue-positive proposal went nowhere in 2017, voters get another look at the idea when they vote this November. That a revenue-neutral (or possibly even revenue-negative) carbon
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The Senate voted Wednesday to approve the nomination of Beverly Hills tax attorney Charles “Chuck” Rettig as commissioner of the Internal Revenue Service. Rettig has been with the firm of Hochman, Salkin, Rettig, Toscher & Perez for 35 years. He will be expected to help the IRS deal with the impact of the Tax Cuts
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This week, House Republicans introduced legislation, referred to as Tax Reform 2.0, that would expand the Tax Cuts and Jobs Act (TCJA). It’s a follow-up to the House Ways and Means Committee Chairman Kevin Brady (R-TX) “listening session framework” which was released in July. House Speaker Paul Ryan And GOP Leadership Hold News Conference On Capitol Hill2018
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