According to Globes, which got hold of a draft circular sent out recently by the Bank of Israel, said draft recommends several ways in which a provident fund (gemach, Gmilut Chessed in Hebrew) can be exempt from reporting to the US tax authorities.
Kyle Roder was clearing his voicemail inbox when a message from an unknown number popped up.
Law enforcement officials searched the headquarters of heavy machine manufacturer Caterpillar and two other facilities on Thursday as part of a tax investigation linked to the firm’s Swiss subsidiary in Geneva.
A University of Rochester emeritus professor has pleaded guilty and will pay a $100 million penalty in a tax fraud case.
A New York lawyer has been criminally charged with failing to report to the Internal Revenue Service more than $3 million of fee income from tax shelter and other transactions he handled at the law firm Herrick Feinstein, where he led the tax practice.
A computer breach at the IRS in which thieves stole tax information from thousands of taxpayers is much bigger than the agency originally disclosed.
WASHINGTON — The IRS says thieves used an online service provided by the agency to gain access to information from more than 100,000 taxpayers.