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TAX LAW NEWS - TAX LITIGATION
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The U.S. Department of Health and Human Services will provide a first installment of $61.2 million for the Florida Back to Work Initiative, Gov. Charlie Crist said Wednesday.
The $200 million government stimulus program aims to create jobs in Florida by paying for up to 95 percent of the salaries of employees who meet federal low-income [...]
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A Florida yacht broker who admitted filing a false federal tax return and concealing millions of dollars in a secret account at the Swiss bank UBS was sentenced Friday to two months in prison.
Judge James I. Cohn of Federal District Court in Fort Lauderdale, Fla., gave the broker, Robert Moran, credit for immediately confessing his [...]
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The disgraced financier Bernie Madoff has received a $13,800 tax rebate, angering clients who lost billions in the biggest Ponzi scheme in Wall Street history.
The jailed fraudster was sent the money after overpaying the property taxes on his waterfront mansion in Palm Beach, Florida, which his wife still owns despite other assets being seized by [...]
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For the past two years many local governments have been faced with a financial situation unprecedented in recent decades. The total value of taxable property within their jurisdictions, which yields property taxes that comprise a significant part of their operating revenue, has decreased rather than increased.
The significance comes in setting Florida tax rates.
In the past, [...]
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