IRS places $170 million lien on Florida tribe for unpaid taxes on casino income

The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records. In a long-running battle, the IRS also has smacked hundreds of the tribe's members with separate bills totaling $58 million for their failure to pay personal income taxes on those distributions during the same period, 2000 to 2005, records...
More

First « Previous 1 2 3 Next » Last

IRS places $170 million lien on Florida tribe for unpaid taxes on casino income

The Internal Revenue Service has slammed the Miccosukee Indians with a bill of $170 million for the West Miami-Dade tribe's failure to report and withhold taxes from its distribution of gambling profits to tribal members, according to court records.

News • May 22nd, 2013
'Tax Free New York' initiative to create economic development zones around all state college campuses

New businesses would operate completely tax free for 10 years, including no income tax for employees, as well as no sales, property or business taxes.

News • May 22nd, 2013
1.3 million Canadians told to boil city water in Montreal

Over one million Montreal residents are being told to boil water their drinking water after a malfunction at Canada's second-biggest filtration plant.

News • May 22nd, 2013
New Small Business Administration program focuses on business lending for veterans

The U.S. Small Business Administration has started a new program aimed at helping returning veterans start new businesses.

News • May 22nd, 2013
Apple CEO defends tech giant's tax practices

Sen. John McCain, R-Ariz, charged at the hearing that Apple's tax practices violated the spirit of the law and, in a statement Monday, called them "highly questionable."

News • May 22nd, 2013
Tea Party conservative groups protest IRS

BOSTON - Nearly two dozen Tea Party activists rallied outside the John F. Kennedy Federal Building in downtown Boston on Tuesday as part of a nationwide protest against the Internal Revenue Service over the targeting of conservative groups. "The IRS...

News • May 22nd, 2013
Accounting Firms Face Challenges When Advising Businesses on Health Care Reform

New requirements create opportunity for firms that develop expertise in their consulting practices

News • May 22nd, 2013
Top Business Execs Worried About Growing Regulations, Geopolitical Unrest, Global Economy

According to a new KPMG International survey report, regulatory pressure is consistently one of the biggest threats facing companies across industries, and the number one challenge facing financial services and energy and natural resources companies...

News • May 22nd, 2013
WeiserMazars Names Abdallah as Senior Advisor

New York-based accounting firm WeiserMazars LLP recently announced that Mahmoud Abdallah, former Chairman and Chief Executive Officer of MISR Insurance Holding Company and Executive Vice President of American Re Group, has been appointed as a Senior...

News • May 22nd, 2013
Large Utah Accounting Firm Names Director of Strategic Planning

Utah accounting firm Tanner LLC has appointed Dan Griffiths as Director of Strategic Planning for the firm’s Leadership Solutions Practice.

News • May 22nd, 2013
For air travel, is low airfare or shorter travel time more important?

70 Percent of Consumers Would Not Give Up a Direct Flight to Save on Airfare

News • May 22nd, 2013
Federal disaster loans available to businesses and homeowners hit by Oklahoma tornado

Low-interest federal disaster loans are now available to Oklahoma residents and business owners as a result of President Obama's major disaster declaration, U. S. Small Business Administration (SBA) Administrator Karen G. Mills announced.

News • May 22nd, 2013
Uncredentialed Ohio tax preparer guilty on 10 counts

A Columbus, Ohio, man was found guilty yesterday of 10 counts of preparing false tax returns.

News • May 22nd, 2013
Did the IRS overstep when examining anti-abortion nonprofit groups?

When a small anti-abortion group in Iowa sought nonprofit status, the Internal Revenue Service asked its board to promise not to organize protests outside Planned Parenthood and demanded to know how its prayer meetings and protest signs were educational.

News • May 22nd, 2013
State gets court hearing on challenge to health care law

U.S. District Judge Ronald White has set a June 20, 2013, hearing in Oklahoma's challenge to IRS rules to implement so-called "Obamacare" in the state.

News • May 22nd, 2013

First « Previous 1 2 3 Next » Last

Archives

IRS places $170 million lien on Florida tribe for unpaid taxes on casino income

Sign Up

Most Popular