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11/21/2024 08:17:53 pm

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JPMorgan

Seven U.S. Blue Chips Pay More to CEOs than They Pay in Taxes

The companies cited were quick to point out that whatever their salary policies were, they still were in line with with law and paid the IRS what they owed.

Internal Revenue Service

Law Allows IRS to Seize Suspicious Accounts Even Those Without Criminal Liability

Bank clients with less than US$10,000 frequent deposits from suspicious sources are potential targets for account seizure even in the absence of a formal criminal case, Internal Revenue Service (IRS) said.

Chris Christie

Gov. Christie, Wife Had Higher Income in 2013 Per Tax Records

Tax returns of New Jersey Gov. Chris Christie and his wife indicate a significant increase from two years ago with over $200,000 more than the $478,977 they declared in 2012.

It's gym, tan, laundry and alleged tax fraud for former

Mike 'The Situation' Sorrentino, and Bro, Charged With US$9 Million Tax Fraud

Mike "The Situation" Sorrentino of reality TV fame is facing quite a situation of his own following indictment on suspicion of tax fraud Wednesday at a New Jersey federal court. Known as one of the stars of "Jersey Shore," and since featured on a reality show of his own with his family, Sorrentino, the master of GTL, or "gym, tan, laundry," and brother, Marc Sorrentino, were accused of conspiracy to defraud the government by filing false tax returns from 2010 through 2013.

A man explains ObamaCare at a health insurance enrollment event in Commerce California, March 31, 2014.

Tax Refunds Cut For ObamaCare Recipients

One of the advantages of the Affordable Care Act (ACA), commonly known as ObamaCare, is the opportunity to receive tax credits upfront to save on overall health insurance costs. Now, thousands of ObamaCare recipients may actually be liable to pay back a portion of that tax credit next year.

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