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Bits ‘n pieces – Obama Budget, IRS Official Interviewed by DOJ, Louisiana Tax Bites, Shell & Scotland, Tax Reform

* Obama budget seeks to eliminate inversions. By David Gelles – The New York Times. Buried in the $3.9 trillion budget request that President Barack Obama sent to Congress on Tuesday is a clause that has Wall Street tax advisers on edge. Link to The New York Times, r.reuters.com/waq47v

* Former IRS official Lerner gave interview to DOJ. By John D. McKinnon – The Wall Street Journal. A former Internal Revenue Service official who declined to answer questions at a congressional hearing, citing the Fifth Amendment, gave a full interview to the Justice Department, her lawyer said. Link to The Wall Street Journal, r.reuters.com/feq47v

* Louisiana among states to not see tax revenue bounce back. By Julia O’Donoghue – The Times-Picayune. Louisiana has struggled more than most other states to regain its state tax revenue base after the national recession hit in 2008, according to research and analysis done by the Pew Charitable Trusts. Link to the Times-Picayune, r.reuters.com/kaq47v

* Shell joins business chorus against Scottish independence. By Claer Barrett and Mure Dickie – The Financial Times. Shell became the latest big business to issue a warning against Scottish independence, saying it needed political stability in the UK to underpin its investment decisions. Link to The Financial Times, r.reuters.com/jeq47v

* A bipartisan fail on tax reform. By Robert McIntyre – MSNBC opinion. Insisting that corporate tax reform should raise no money is bad policy, especially when lawmakers are supposedly so concerned about the deficit that they have cut even those public investments supported by large majorities of Americans, like Head Start and medical research. Link to MSNBC, r.reuters.com/maq47v

 

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney