Tax

Phenix City Scores Legal Victory as Judge Orders Russell County to Pay Gasoline Tax Proceeds

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PHENIX CITY, Ala. – A recent ruling by Montgomery County Circuit Court Judge, Honorable Brooke E. Reid, has concluded a long-standing dispute between the City of Phenix City and Russell County over the distribution of gasoline tax proceeds. The lawsuit was initiated in 2018 when Russell County ceased paying the gasoline tax proceeds to Phenix City, claiming that a subsequent law had repealed a local act of the legislature passed in 1968. However, Phenix City contested this, arguing that the Local Act was never officially repealed and that Russell County had no right to withhold … Read more

Todd and Julie Chrisley Receive $1 Million Settlement in Lawsuit Alleging Misconduct in Georgia Tax Investigation

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Todd and Julie Chrisley, stars of the reality TV show “Chrisley Knows Best,” have been awarded a $1 million settlement in a lawsuit against a Georgia tax official. The couple sued the official for investigating what they called “bogus” claims about them. Their attorney, Alex Little, described the settlement as “encouraging.” He also noted that it is unusual for one arm of the government to pay money to defendants while another arm is fighting to keep them in jail. This is in reference to Todd and Julie’s ongoing prison sentences for bank fraud and tax … Read more

Minnesota Man Pleads Guilty to $3.5 Million Tax Fraud Scheme: Faces Up to 20 Years in Prison

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PRIOR LAKE, Minn. (AP) — A man from Minnesota has pleaded guilty to wire fraud and assisting in the preparation of a false income tax return, according to officials from the Wisconsin Department of Justice. Court documents and statements made in court revealed that Beau Wesley Gensmer of Prior Lake orchestrated a scheme from 2012 to 2018. He assisted in the preparation of 50 false tax returns, which fraudulently claimed inflated tax refunds on behalf of unsuspecting taxpayers. Gensmer emailed knowingly false information to a tax return preparer in Alaska, including fraudulent business losses and … Read more

New Oklahoma Laws Take Effect: Medical Marijuana, Cancer Care, and Tax Benefits for Caregivers

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Oklahoma, USA – As the new year begins, Oklahoma residents are now subject to a range of new laws. These laws cover various areas such as medical marijuana regulations, cancer care, and tax cuts for caregivers. Here is a roundup of the key laws that went into effect on January 1. One significant change involves health insurers now being required to cover the costs of biomarker testing. Advocates and lawmakers believe that this testing will lead to shorter and more effective cancer treatments. State Representative Paul Rosino emphasized that this law could potentially save lives. … Read more