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Treasury Secretary Henry Morgenthau, 1937 More and more enterprises organized abroad by American firms have arranged their corporate structures aided by artificial arrangements . . . which maximize the accumulation of profits in the tax haven . . ...
Beck set up a fake company and billed his employer for fake workto the tune of $13.5 million over 7 years. An Air Force fighter pilot during the Reagan administration, Beck later became director of transportation and logistics at Texas Petrochemical.
Do you want the Obama administration sharing all of your financial information with the Russian, Chinese and Saudi Arabian governments? You may be thinking, not even President Obama would go that far...The rationale behind this despicable idea is to
Klein said she found the relevant IRS document Publication 590 online and pored over the many pages. It appeared that IRAs and 401(k)s can be combined, although there are some exceptions, and the rules for minimum annual withdrawals differ for
More than 80,000 Defense Department employees and contractors with security clearances owed $730 million in unpaid federal taxes as of June 2012, according to Congress's nonpartisan watchdog agency. The Government Accountability Office released a
Rep. Mark Meadows and Chairman Darrell Issa at a recent hearing held by the House Committee on Oversight and Government Reform. The House Committee on Oversight and Government isn't exactly the model of congressional comity, as has been on display
ending with mixed signals, as two federal appeals courts issued conflicting rulings on a major provision of the Affordable Care Act...Burwell in the Court of Appeals for the District of Columbia Circuit, and King vs.
Tax Court has placed an air of uncertainty over Individual Retirement Account rollovers that could impact the approximately 50 million American households that own IRAs. For at least two decades, the IRS has allowed individuals to rollover an IRA
About 83,000 Defense Department employees and contractors with security clearances to protect the nation's secrets have delinquent federal tax debts totaling $730 million, according to an internal government audit. The findings in the new Government
The findings in the new Government Accountability Office study raise security concerns for the U.S. government. Officials say employees and contractors who have financial problems are top targets of foreign intelligence agents. Federal regulations