January 7, 2009
3 convicted, 1 exonerated in KPMG tax trial
In a big case largely gone bust, a jury Wednesday convicted three men who used tax shelters marketed by accounting giant KPMG to help rich people escape more than a billion dollars in taxes, but it exonerated a fourth man who had been jailed for five months.
Tax relief may hit constitutional wall
CARSON CITY -- The debate over providing property tax relief intensified Tuesday, with concerns emerging that any type of cap to lower homeowners' tax bills might violate the state's constitution. More...Calif. lawmakers OK petroleum profits tax
California lawmakers gave their initial approval on Monday to a bill that would tax windfall profits of petroleum producers and refiners.
Benton County Tax Assessor -
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