internal revenue service

Indian-American neurosurgeon convicted of tax evasion


August 24th, 2012 - 11:12 am ICT by IANS
Milwaukee (Wisconsin), Aug 24 (IANS) An Indian-American neurosurgeon has been convicted by a federal jury on tax charges for his alleged failure to disclose $8 million in income held in ... Read more...

Posted in World |

Nikki Haley hit by Time, Twitter (Lead)


April 10th, 2012 - 8:20 pm ICT by IANS
Washington, April 10 (IANS) After facing a "bizarre" and "insensitive" question about Sikh taxi drivers from a top editor, South Carolina's Indian American Governor Nikki Haley has become the latest ... Read more...

Posted in Uncategorized |

ISI spy Ghulam Nabi Fai gets 2 years jail (Lead)


March 31st, 2012 - 12:59 am ICT by IANS
Washington, March 30 (IANS) Kashmiri separatist Ghulam Nabi Fai, charged with working for Pakistani Inter-Services Intelligence (ISI) spy agency to influence American policy on Kashmir, was Friday sentenced ... Read more...

Posted in South Asia |

Judge denies Richard Hatch’s bid to pay $25 to the IRS


February 8th, 2012 - 11:08 pm ICT by Aishwarya Bhatt
Providence, R.I., Feb 8 (THAINDIAN NEWS) A judge in Rhodes Island has rejected a request by survivor star Richard Hatch to give the Internal Revenue Service reduced payment of $25 for January’s ... Read more...

Posted in Entertainment |

Mitt Romney releases tax returns


January 25th, 2012 - 11:19 am ICT by IANS
Washington, Jan 25 (IANS/EFE) Republican presidential hopeful Mitt Romney Tuesday made public his two most recent tax returns, which reveal that the millionaire businessman is subject to a much lower ... Read more...

Posted in World |

250 tonnes of drug-making chemicals seized in Mexico


December 25th, 2011 - 7:34 am ICT by IANS
Mexico City, Dec 25 (IANS/EFE) At least 252 tonnes of synthetic drug-making chemicals have been seized at a Mexican port in one of biggest seizures of such substances in the ... Read more...

Posted in World |

Yahoo considers selling Asian assets: Report


December 22nd, 2011 - 2:14 pm ICT by IANS
San Francisco, Dec 22 (IANS) Yahoo's board is expected to meet Thursday to discuss selling its holdings in China's Alibaba Group and its Japanese affiliate back to their majority owners ... Read more...

Posted in Sci-Tech |

ISI agent Fai to plead guilty in US lobbying case


December 7th, 2011 - 11:26 am ICT by IANS
Washington, Dec 7 (IANS) Syed Ghulam Nabi Fai, the US based Kashmiri separatist leader accused of aiding a "decades-long" operation by Pakistan's spy agency to influence US policy on Kashmir ... Read more...

Posted in Uncategorized |

Brinkley pledges to settle tax debt


December 6th, 2011 - 1:51 pm ICT by IANS
London, Dec 6 (IANS) Former supermodel Christie Brinkley has vowed to settle her $500,000 tax debt insisting that she regrets not paying attention to her finances.The 57-year-old topped the ... Read more...

Posted in Uncategorized |

Indian American doctor charged with hiding India accounts


September 29th, 2011 - 11:31 am ICT by IANS
Washington, Sep 29 (IANS) A Indian American neurosurgeon has been re-indicted by a US grand jury on new charges that he failed to declare an HSBC bank account in India ... Read more...

Posted in Uncategorized |

NRI body seeks relief on US penalties on foreign accounts


September 16th, 2011 - 10:14 am ICT by IANS
Washington, Sep 16 (IANS) A US based organisation of people of Indian origin has sought help from a leading lawmaker in getting relief on penalties under US tax rules ... Read more...

Posted in Business |

US sticks to stand on disclosure of foreign accounts


August 21st, 2011 - 9:27 am ICT by IANS
Washington, Aug 21 (IANS) Sticking to its stand of not extending the Aug 31 deadline for disclosure of foreign accounts, US tax authorities said those who believe they have not ... Read more...

Posted in Business |

NRI body wants offshore account disclosure deadline extended


August 12th, 2011 - 9:50 pm ICT by IANS
Toronto, Aug 12 (IANS) The Global Organisation of People of Indian Origin (GOPIO) has sought extension of the deadline for Indian-Americans to disclose their offshore accounts from Aug 31 to ... Read more...

Posted in Business |

Indian American couple evade taxes, gave out drugs illegally


August 5th, 2011 - 7:54 pm ICT by IANS
Washington, Aug 5 (IANS) An Indian-American couple who operated weight-loss clinics in Indiana faces federal drug and tax evasion charges for allegedly providing prescription weight-loss drugs to patients without performing ... Read more...

Posted in World |

Indian American groups seek relief on foreign bank accounts


July 30th, 2011 - 11:52 am ICT by IANS
Washington, July 30 (IANS) Several Indian American civic and professional groups have sought President Barack Obama's intervention in a joint campaign seeking relief on penalties stipulated by US tax ... Read more...

Posted in Business |

60 tonnes of drug-making chemicals seized in Mexico


June 5th, 2011 - 11:19 am ICT by IANS
Mexico City, June 5 (IANS/EFE) Over 60 tonnes of drug-making chemicals that arrived in recent weeks from China have been seized in Mexico, officials said.In two operations, customs agents, investigative ... Read more...

Posted in Uncategorized |

Another Indian American pleads guilty to tax evasion


April 14th, 2011 - 10:32 am ICT by IANS
New York, April 14 (IANS) Another Indian American banking with HSBC India has pleaded guilty to tax evasion days after a New Jersey businessman admitted to conspiring with five ... Read more...

Posted in World |

Indian-American fundraiser under US scanner


April 13th, 2011 - 2:34 pm ICT by IANS
Chicago, April 13 (IANS) A federal grand jury has subpoenaed dozens of doctors in the Chicago area as part of a probe into a wealthy Indian-American fundraiser with ties ... Read more...

Posted in Uncategorized |

Indian-American pleads guilty to hiding Indian bank accounts


April 12th, 2011 - 11:09 am ICT by IANS
Washington, April 12 (IANS) An Indian-American businessman has pleaded guilty to conspiring with five HSBC bankers to keep his Indian accounts "below the radar" to evade taxes in the United ... Read more...

Posted in Business |

Ozzy, Sharon Osbourne in $1.7 mn tax debt


April 11th, 2011 - 1:59 pm ICT by IANS
Los Angeles, April 11 (IANS) Singer Ozzy Osbourne and wife Sharon are facing a tax debt of over $1.7 million.Internal Revenue Service (IRS) bosses have filed a lien against the ... Read more...

Posted in Entertainment |

US wants HSBC to reveal American tax dodgers in India


April 8th, 2011 - 12:35 pm ICT by IANS
Washington, April 8 (IANS) The US government has sought permission from a federal court to ask for information from HSBC about Americans who may be hiding money in offshore accounts ... Read more...

Posted in Uncategorized |

U.S. government seeks names of U.S. residents with HSBC India bank accounts to avoid taxes


April 8th, 2011 - 12:29 am ICT by BNO News
WASHINGTON, D.C. (BNO NEWS) -- The United States is seeking an order from a federal court in San Francisco authorizing the Internal Revenue Service (IRS) to request information from HSBC Bank USA ... Read more...

Posted in World News |

Martin Scorsese hit with $2.8m tax bill


March 9th, 2011 - 1:38 pm ICT by ANI
Washington, March 09 (ANI): Following the mismanagement of Martin Scorsese's accounts by jailed financier Kenneth Starr, the director has been asked to pay 2.8 million dollars in overdue tax.The 'Taxi Driver' director ... Read more...

Posted in Entertainment |

Al Pacino is involved in tax trouble


March 8th, 2011 - 8:32 pm ICT by Aishwarya Bhatt
Los Angeles, Mar 8 (THAINDIAN NEWS) Al Pacino is said to be in tax default of more than $180,000. The veteran Hollywood star claims that the problem is not from his part.Internal ... Read more...

Posted in Entertainment |

Breast pumps, lactation supplies are now tax deductible in US


February 11th, 2011 - 3:13 pm ICT by ANI
New York, Feb 11 (ANI): Unlike India, where there are no rebates whatsoever on life-saving drugs, even breast pumps and lactation supplies are tax deductible in the US.The Internal Revenue Service's new ... Read more...

Posted in Health Science |

Jaime Pressly Is Accused Of Not Paying Massive Taxes


January 25th, 2011 - 10:27 pm ICT by Pen Men At Work
January 25, 2011 (Pen Men at Work): Life is becoming more troublesome for the 33-year-old Jaime Pressly, the former actress of ‘My Name Is Earl’, as it has been unveiled that she ... Read more...

Posted in Entertainment |

Internal Revenue Service (IRS) Extends Its Deadline Till April 18 For Taxpayers


January 5th, 2011 - 8:58 pm ICT by GD
By Gina Gomez Jan 5, (THAINDIAN NEWS) The taxpayers of United States will now get extra three days to file their taxes this year, Internal Revenue Service (IRS) officials announced the news to ... Read more...

Posted in Business |

Republicans aim for the health care bill


November 8th, 2010 - 6:41 pm ICT by Aishwarya Bhatt
Washington DC, Nov 8 (THAINDIAN NEWS) President Barack Obama’s health care plan may not be repealed but Republicans are sure going to frustrate the plan. In a lead up to the 2010 ... Read more...

Posted in Politics |

Paper Tax Forms Become A Rarity As The IRS Decides To Stop Mailing Them


November 4th, 2010 - 7:09 pm ICT by Pen Men At Work
November 4, 2010 (Pen Men at Work): The internal revenue service of the US decided to stop mailing the heavy packages consisting of various forms, schedules as well as the instructions ... Read more...

Posted in Business |

Breast Pumps Not Covered Under Tax-Sheltered Healthcare Accounts


October 28th, 2010 - 6:56 pm ICT by GD
By Meena Kar Oct 28, (THAINDIAN NEWS) In a rather shocking ruling the IRS (Internal Revenue Service) declared that breast feeding does not have enough health benefits to qualify for tax benefits. The ... Read more...

Posted in Health |

Hooker who claims to have bedded Becks could be jailed for tax evasion


October 1st, 2010 - 1:20 pm ICT by ANI
London, Oct 1 (ANI): Hooker Irma Nici, who claimed she was paid thousands for sex with David Beckham and other celebs, could be jailed for tax evasion.Nici, 26, is set to ... Read more...

Posted in Sports |

Naomi Campbell faces huge tax bill in U.S


August 19th, 2010 - 3:20 pm ICT by ANI
London, August 19 (ANI): Naomi Campbell is apparently facing huge tax bill in the U.S. over allegations that she owes more than 42,000 pounds in back payments.Officials at America's Internal Revenue ... Read more...

Posted in Entertainment |

Naomi Campbell fails to pay income tax


August 18th, 2010 - 11:37 pm ICT by IANS
London, Aug 18 (IANS) Supermodel Naomi Campbell hasn't paid income tax worth $63,487 related to the work she did in 2009. The supermodel had a tax lien - imposed to secure the ... Read more...

Posted in Entertainment |

Chris Tucker owes $11.5 mn in unpaid taxes


July 30th, 2010 - 1:46 am ICT by IANS
London, July 30 (IANS) "Rush Hour" star Chris Tucker reportedly owes the Internal Revenue Service (IRS) $11.5 million in unpaid taxes. The comedian, who was paid $20 million for each film he ... Read more...

Posted in Entertainment |

Rush Hour star Chris Tucker has a pending tax bill of $11 million


July 29th, 2010 - 9:12 pm ICT by Aishwarya Bhatt
Los Angeles, July 29 (THAINDIAN NEWS) Nicholas Cage was in the news recently for his inability to pay taxes and now it’s the turn of popular Hollywood actor Chris Tucker who apparently ... Read more...

Posted in Entertainment |

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