Carbon markets: A new frontier for the tax function

Carbon markets: A new frontier for the tax function

By KPMG’s Commodity and Carbon Trading Solutions team members, Richard Murray and Rebecca Tobin. The importance of carbon markets for companies is on the rise. The cost of carbon is increasing in compliance markets, such as the EU ETS. Prices have risen and the benefit of the “free allowances” for some markets is being reduced. … Read more

Guilford Business Owner Pleads Guilty To Tax Charges: Officials

Guilford Business Owner Pleads Guilty To Tax Charges: Officials

GUILFORD, CT — A Guilford business owner this week pleaded guilty to a federal tax offense officials say stemmed from her failure to pay business payroll taxes.Michelle Ann Gilson, 38, appeared before U.S. District Judge Vernon D. Oliver in Hartford on Thursday and pleaded guilty to one count of willful failure to pay over withholding … Read more

Tax Breaks: Sales Taxes Take A Holiday In Some States

Tax Breaks: Sales Taxes Take A Holiday In Some States

here. Despite the fact that the thermometer still reads summer, fall is creeping closer. According to the National Retail Federation, one in five (22%) back-to-school shoppers have already started gearing up for the 2024-25 school year (you can count me as one of them). However, with above-average prices in stores and online, those shoppers are … Read more

Northville business owner accused of tax fraud, IRS seeking nearly $5 million in unpaid taxes

Northville business owner accused of tax fraud, IRS seeking nearly $5 million in unpaid taxes

Hometown Life Staff  |  Hometownlife.comDETROIT — A Northville man is facing more than a dozen tax-related federal charges for failing to accurately report income and collect various taxes for a Detroit-based company he operated.Ali Kassem Kain, of Northville, who operated a transportation business that arranged for automobiles to be shipped abroad, appeared in court Wednesday … Read more

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden, ’s sister-in-law describes finding crack, gun in his truck

Hunter Biden’s sister-in-law testified at his criminal trial on Thursday that she took and threw away his gun out of fear of his spiraling addiction, potentially bolstering prosecutors’ case that President Joe Biden’s son broke a law barring illegal drug users from owning firearms.Jurors in the first criminal trial of a U.S. president’s son saw surveillance camera … Read more

Hunter,  Biden criminal trial jury told ‘no one is above the law’

Hunter,  Biden criminal trial jury told ‘no one is above the law’

Hunter Biden’s criminal trial on gun charges began with a government lawyer stating that he was being prosecuted for lying on a form to purchase a handgun and not above the law. Hunter Biden pleaded not guilty to three felony charges related to failing to disclose his drug use when purchasing a gun. The trial is taking place in Wilmington, Delaware, and Hunter Biden’s attorney argued that the gun was never used and was disposed of shortly after purchase. Hunter Biden has publicly discussed his drug addiction, and FBI agent Erika Jensen is expected to testify about his messages discussing drug use. If convicted on all charges, Hunter Biden faces up to 25 years in prison.

‘Does AG’s office want to muzzle MPs?’

‘Does AG’s office want to muzzle MPs?’

Fact: Akel MP Irini Charalambidou criticized the attorney-general’s office for its handling of the prosecution of former Volunteerism Commissioner Yiannakis Yiannaki, who is accused of forging his academic qualifications.

Baby girl found in London related to two other abandoned siblings

Baby girl found in London related to two other abandoned siblings

Fact: A baby girl named Elsa was found abandoned in a shopping bag in east London, and subsequent DNA tests revealed that she is the full sibling of two other babies who had also been abandoned in the same area.

Could a convicted felon become US president?

Could a convicted felon become US president?

Fact: Trump did not take the stand and be cross-examined in front of the jury during his trial for falsifying business records.

An angry Trump vows to keep fighting after guilty verdict

An angry Trump vows to keep fighting after guilty verdict

Donald Trump was found guilty of 34 counts related to falsifying documents to hide hush money payments to a porn star.