Money is the topic of the year for most people, agencies, states and the federal government as the economy sluggishly recovers from the recent recession. Bills are hard to pay for everyone, and many find themselves in serious debt. In fact, one of the biggest topics...
Month: September 2012
Worcester trial: 3 guilty of tax crimes
A Worcester, Massachusetts, jury found two men and a woman guilty of multiple tax crimes. The Internal Revenue Service and Justice Department worked together to convict the trio of multiple tax crimes based on fraud. The charge stemmed from a payroll scheme in which...
IRS passes new laws for dual citizens
The IRS recently announced new tax laws that would provide relief to dual citizens. However, the new laws have both positive and negative aspects. The new tax laws are for non-residents, including dual citizens who lived outside the United States beginning in 2009....
Downtown Boston landlords could be on the hook for new taxes
Changes in the law regarding tax liens are coming to the Boston, Massachusetts, area. Landlords in downtown Boston's Business Improvement District used to have a choice if they wanted to pay a voluntary tax that was based on their real estate assessment or if they...