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NHL Lockout Finally Reaches an End post image

NHL Lockout Finally Reaches an End

Hardcore hockey fans that have been awaiting the end of a 113-day lockout must be relieved that the NHL hockey season will finally resume. Following an overnight 16-hour bargaining session, the National Hockey League Players Association led by Donald Fehr and the National Hockey League commissioner Gary Bettman were able to come to accord regarding […]

Author: Anthony R. Caruso

Link to post with title - "NHL Lockout Finally Reaches an End"
Advisory Panel Urges IRS to Combat Identity Theft in its Tax Fraud Efforts post image

Advisory Panel Urges IRS to Combat Identity Theft in its Tax Fraud Efforts

Combat Identity Theft The Internal Revenue Service has funneled a significant amount of resources toward combating tax law violations. However, some argue that the federal agency is not paying equal attention to another important crime that is connected to tax fraud. The IRS Advisory Council’s 2012 annual report offers up several suggestions, including a recommendation […]

Author: Frank L. Brunetti

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Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse post image

Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse

  A $23 million London townhouse owned by distressed company American Airlines will be sold in the coming weeks, following unions’ outrage that the company still retained the luxury residence throughout bankruptcy proceedings. U.S. Bankruptcy Judge Sean Lane approved the sale of the five-bedroom house, which is located in an upscale neighborhood a short distance […]

Author: Joel R. Glucksman

Link to post with title - "Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse"
FICA Taxation of Severance Pay May Remain Thorny Issue Due To Conflicting Rulings post image

FICA Taxation of Severance Pay May Remain Thorny Issue Due To Conflicting Rulings

Conflicting court rulings may lead to confusion and dispute over whether employers are required to pay Federal Insurance Contributions Act tax – or FICA taxes – on severance payments made to former employees. The issue has been a contentious one, with the Internal Revenue Service asserting that severance payments are considered wages under tax law […]

Author: Frank L. Brunetti

Link to post with title - "FICA Taxation of Severance Pay May Remain Thorny Issue Due To Conflicting Rulings"
Tribune Company Set To Exit Bankruptcy Protection post image

Tribune Company Set To Exit Bankruptcy Protection

 Cable and newspaper network, Tribune Co. is prepared to exit Chapter 11 bankruptcy protection and start the new year with a fresh start. The company, which owns news outlets the Los Angeles Times and Chicago Tribune, announced its plans to emerge from bankruptcy before January, bringing an end to four years of bankruptcy proceedings. The […]

Author: Joel R. Glucksman

Link to post with title - "Tribune Company Set To Exit Bankruptcy Protection"
Contract Dispute With UNC Obstacle To Butch Davis' FIU Coaching Position post image

Contract Dispute With UNC Obstacle To Butch Davis' FIU Coaching Position

 Butch Davis is eager to take on the coaching position offered to him at Florida International University, but it looks like a contract dispute with him and the University of North Carolina may stand in the way of his new job. FIU has been courting Davis for the head coaching job since its sudden termination […]

Author: Anthony R. Caruso

Link to post with title - "Contract Dispute With UNC Obstacle To Butch Davis' FIU Coaching Position"
Fiscal Cliff Deal Has Various Estate Tax Implications post image

Fiscal Cliff Deal Has Various Estate Tax Implications

With the fiscal cliff avoided and new capital gains and estate tax laws implemented by the federal government, changes are abound for taxpayers in all earning ranges, though the wealthiest earners will see arguably the most substantial losses from the legislation passage. Due to the passage of the American Taxpayer Relief Act (ATRA), high-net earners […]

Author: James F. McDonough

Link to post with title - "Fiscal Cliff Deal Has Various Estate Tax Implications"
Paper Maker NewPage Emerges from Bankruptcy Protection post image

Paper Maker NewPage Emerges from Bankruptcy Protection

A popular paper mill that operates across the United States has completed its restructuring and emerged from Chapter 11 bankruptcy protection. NewPage Corp., the parent company of a Maine-based paper mill, announced it has successfully reorganized its finances 15 months after filing for protection under bankruptcy law. Following the company’s initial bankruptcy filing, a competitor, […]

Author: Joel R. Glucksman

Link to post with title - "Paper Maker NewPage Emerges from Bankruptcy Protection"
Will Getco Get Green Light From Knight Capital Shareholders? post image

Will Getco Get Green Light From Knight Capital Shareholders?

If Getco LLC can secure approval from Knight Capital Group shareholders, the newly formed entity would be a dominating force on the U.S. stock exchange. It would also be quite a reversal for Knight Capital, given that a $450 million trading error nearly bankrupted the company this summer. Shareholder approval is often one of the […]

Author: Dan Brecher

Link to post with title - "Will Getco Get Green Light From Knight Capital Shareholders?"
Pennsylvania Governor Tom Corbett To Sue NCAA post image

Pennsylvania Governor Tom Corbett To Sue NCAA

Pennsylvania Gov. Tom Corbett announced a lawsuit against the National Collegiate Athletic Association in response to football sanctions imposed on Penn State University last year regarding the Jerry Sandusky sex abuse scandal. Although the lawsuit relates to the Penn State sanctions, the university itself said it is not involved directly in the lawsuit. The school […]

Author: Anthony R. Caruso

Link to post with title - "Pennsylvania Governor Tom Corbett To Sue NCAA"
Tax Agency Owner Pleads Guilty to Multi-State Tax Fraud Crimes post image

Tax Agency Owner Pleads Guilty to Multi-State Tax Fraud Crimes

Tax Fraud Crimes The owner of a popular tax agency plead guilty in a federal court to several tax Fraud violations that were carried out in several offices across Alabama and Georgia. Bruce King, owner and operator of tax preparation agency Premier Tax, plead guilty to conspiring to defraud the United States and filing false […]

Author: Frank L. Brunetti

Link to post with title - "Tax Agency Owner Pleads Guilty to Multi-State Tax Fraud Crimes"
Sylvester Stallone Wins Movie Copyright Lawsuit post image

Sylvester Stallone Wins Movie Copyright Lawsuit

Sylvester Stallone will not have to face a copyright lawsuit that charges him with plagiarism after a district judge in Manhattan upheld a previous court decision dismissing the case. U.S. District Judge Jed Rakoff rejected claims brought on by screenwriter Marcus Webb, who argued that Stallone’s “The Expendables” plot had “striking similarities” to his movie, […]

Author: Anthony R. Caruso

Link to post with title - "Sylvester Stallone Wins Movie Copyright Lawsuit"

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