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Latest News in Tax

  • May 24, 2022

    Justices Told Calif. Biz Lacks 'Contacts' Required For Ore. Tax

    A California telecommunications company should not have to pay an Oregon tax because the company doesn't have "economic and virtual contacts" with the state, as called for by the U.S. Supreme Court's Wayfair decision, the company told the justices.

  • May 24, 2022

    Wyden Presses Trump's Ex-Accounting Firm On Tax Returns

    Senate Finance Committee Chairman Ron Wyden pressed former President Donald Trump's erstwhile accounting firm — which has cast doubt on the reliability of reports on his finances — over the accuracy of his business's tax and financial reporting in a letter Tuesday. 

  • May 24, 2022

    DC Atty Set Up $19M 'Captive' Insurance Swindle, Suit Claims

    A Washington, D.C., corporate tax lawyer played a "meaningful role" in a $19 million insurance trap sprung on a Wyoming company and its owner, according to a federal complaint filed in Maryland federal court.

  • May 24, 2022

    Feds Charge 19 In $6M Drug Money Laundering Scheme

    Boston federal prosecutors said Tuesday they had charged 19 people from Florida, Colombia and Jamaica with orchestrating a sophisticated conspiracy that laundered more than $6 million in drug trafficking proceeds from Colombian cartels through the U.S. banking system.

  • May 23, 2022

    DA Rebuffs Trump Org, CFO's Bid To Escape Tax Fraud Case

    The Manhattan district attorney said the tax fraud evidence against longtime Trump Organization finance chief Allen Weisselberg has nothing to do with politics or his previous federal grand jury testimony, waving off the CFO's narrative of a tainted prosecution.

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