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IRS to get tough on 'high-risk' tax evaders

Article Abstract:

Internal Revenue Service (IRS) will be getting tougher on high-risk evaders especially those seeking to hide wealth in offshore tax havens. The IRS is asking Congress to increase its current $10.2 billion budget by five percent for 2005 and is working to change a culture of risk aversion among employees that set in after bruising congressional hearings in 1997.

Author: Cooper, Porus P.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Legal issues & crime, Government regulation (cont), Government regulation, Legal/Government Regulation, Laws, regulations and rules, Powers and duties, Tax evasion, United States. Internal Revenue Service

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Buy brokerages? Maybe not

Article Abstract:

The stock market's rise and moves by some brokerages to reinvent their business models have lead to increases in their stock prices in 2003. However investors state that the year 2003 was a better time to buy the stocks of retail brokerage companies Charles Schwab & Co. Inc., E-Trade Financial Corp. and Ameritrade Holding Corp.

Author: Cooper, Porus P.
Publisher: Philadelphia Newspapers, Inc.
Publication Name: Philadelphia Inquirer (PA)
Subject: Business, regional
ISSN: 0885-6613
Year: 2004
Forecasts, trends, outlooks, Stocks, Forecasts and trends, Market trend/market analysis, Stock prices, Stock markets, Stock market

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Subjects list: United States
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