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    • Microsoft sues IRS for details of probe on internal transactions
      By Dan Levine (Reuters) - Microsoft sued the Internal Revenue Service on Monday, seeking information about a law firm hired by U.S. tax authorities in a review of how the software company books sales between subsidiaries. The lawsuit, filed in a District of Columbia federal court, says the IRS entered into a contract this year with Quinn Emanuel Urquhart […]
    • Lawyer for bin Laden son-in-law gets 1-1/2 years prison in tax case
      By Nate Raymond NEW YORK (Reuters) - A prominent New York defense lawyer who recently represented the son-in-law of Osama bin Laden was sentenced on Friday to 1-1/2 years in prison after pleading guilty to tax offenses. Stanley Cohen, the lawyer, was sentenced by U.S. District Judge Norman Mordue in Syracuse, New York, after pleading guilty earlier this year […]
    • Venezuelan leader wraps up 'superpowers' with 28 laws
      Venezuelan President Nicolas Maduro wrapped up a year of congressionally granted "superpowers" Wednesday by decreeing 28 new laws that analysts said would do little to salvage the troubled economy. A year ago, the Venezuelan National Assembly, which is controlled by Maduro's United Socialist Party, granted the president the power to govern eco […]
    • Activist Sharpton denies New York Times report on unpaid taxes
      By Sascha Brodsky NEW YORK (Reuters) - Civil rights activist Reverend Al Sharpton on Wednesday dismissed as misleading a New York Times report that he owes millions of dollars in unpaid taxes and an organization he heads did not pay federal payroll taxes for its employees. The Times reported Sharpton and his for-profit business face state and federal tax lie […]
    • Identity thieves used college student accounts to defraud IRS: prosecutors
      By Zachary Fagenson MIAMI (Reuters) - U.S. law-enforcement officials on Tuesday arrested 17 people accused of trying to collect almost $2 million in bogus tax refunds using college student accounts, the latest identity scam to defraud the Internal Revenue Service. Identity thieves in South Florida, the top U.S. target for such criminals, used the students […]