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TAX LAW NEWS - TAX LITIGATION
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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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Most New Jersey homeowners, already paying the highest property taxes in the nation, will not see a property tax rebate check next year under Gov. Jon Corzine’s revised 2010 budget proposal.
The updated budget, released Tuesday by Treasurer David Rousseau, keeps rebates for seniors and the disabled but eliminates them for everyone else.
Corzine’s original proposal, released [...]
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