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September 25, 2023

Footnotes: Phil’s Hat Still Wants Kids to Read; Cockroaches?; $3 Trillion in Taxes WOO! | 11.15.13

IRS to probe US taxpayer records with Caribbean Offshore Bank accounts United States district court has authorised the Internal Revenue Service (IRS) to issue summons for US taxpayers records with Offshore Bank accounts in the Caribbean. The US Justice Department said that US District Judge Richard M Berman of the Southern District of New York has authorized the IRS to issue summonses requiring Mellon, Citibank, JPMorgan Chase Bank NA (JPMorgan), HSBC Bank USA NA (HSBC), and Bank of America NA (Bank of America) to “produce information about US taxpayers who may be evading or have evaded US federal taxes by holding interests in undisclosed accounts”. [Jamaica Observer]

Jon Weil wonders out loud if there are cockroaches under Tesla's hood [Bloomberg]

Sucks to be a tax collector in Europe these days [NYT]

Phil Mickelson's hat is highly concerned about low income kids and literacy, you guys! [Twitter]

If you like your insurance plan, you can keep it. And for real this time. [USA Today]

Federal tax revenues will top $3 trillion for the first time in the nation’s history in fiscal 2014 [CNSNews]

More on Italy's accusation that Apple is dodging taxes [Forbes]

An interesting case of a tax dodger, who is headed to prison now (shock, I know) [TribLive]

The Idaho Dept of Labor has picked a CPA to run their show []

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