The Montana Supreme Court has said that Montana Attorney General Austin Knudsen was correct in striking down a proposed ballot initiative that would have capped property taxes because it violated the state constitution. In an unanimous opinion authored by Justice Jim Rice, the 17-page ruling said that ballot initiative, proposed by attorney and former Republican…
Tag: Tax
Trump Organization found guilty of tax fraud scheme
Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former U.S. president’s business. A jury found two corporate entities at the Trump Organization guilty on all 17 counts, including conspiracy charges and falsifying business records. The guilty…
Hunter Biden reaches deal to plead guilty in tax, gun case
Comment on this storyComment President Biden’s son Hunter has reached a tentative agreement with federal prosecutors to plead guilty to two minor tax crimes and admit to the facts of a gun charge under terms that would probably keep him out of jail, according to court papers filed Tuesday. Any proposed plea deal would have…
Reallocation of tax could risk our city’s financial well-being
By Mary Dolores Young This guest opinion calls attention to a common misperception that may impact your vote in the upcoming election and asks you to vote “no” on Issue 2A. The City of Boulder ballot Issue 2A asks whether we should extend a 0.15% City sales and use tax that currently goes into the…
Healey signs roughly $1B tax relief package into law
Twenty months elapsed between Republican Gov. Charlie Baker using his final State of the Commonwealth address in January 2022 to ignite debate about slashing taxes and the final enactment of a roughly $1 billion package. So what was the turning point that helped lawmakers overcome all the bumps and disagreements they had hit along the way? One…
6 Common Scenarios When You Might Need a Tax Attorney
Opinions expressed by Entrepreneur contributors are their own. Tax attorneys specialize in matters of tax law. These laws continually evolve and change, often making compliance a challenge. If you find yourself or your business up against complex tax challenges, facing issues with the IRS or simply want tax time to go a little smoother, a…
Tax Attorney Recalls FBAR Case Journey From IRS Dispute To Supreme Court Decisio…
WASHINGTON, D.C. – APRIL 19, 2018: The U.S. Supreme Court Building in Washington, D.C., is the seat … [+] of the Supreme Court of the United States and the Judicial Branch of government. (Photo by Robert Alexander/Getty Images) Getty Images When you’re in law school, you often dream about having a case that makes it…
Trump Organization lawyers blame ex-CFO for criminal tax fraud scheme
Weisselberg previously cut a plea deal admitting he dodged taxes on $1.76 million in compensation. He testified, sometimes emotionally, in exchange for the reduction of his possible 15-year prison sentence to five months on Rikers Island. The defense’s closing arguments also seized on that arrangement. “The prosecutors had him by the balls,” Trump Org. attorney…