Tag Archives: Fund

Don’t Always Believe What the IRS Tells You About Your Trust Fund Taxes (or Anything Else)

A 2017 case is a stark $300,000 reminder that the IRS is not bound by statements made by its employees, such as Revenue Officers. Tommy Weder was a responsible officer of a corporation which failed to pay its payroll taxes, … Continue reading

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Grenfell fund fraudster’s shopping spree with victims’ cash – BBC News

‘A fraudster who stole tens of thousands of pounds from the NHS and a Grenfell Tower victim fund has been jailed for five-and-a-half years.’ Full StoryBBC News, 28th September 2018Source: www.bbc.co.uk Read more detail on Recent Law Librarian posts – … Continue reading

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Tailwind Capital Closes Third Fund With $1.8 Billion

Tailwind Capital has announced it has closed its third fund, Tailwind Capital Partners III, at $1.8 billion of commitments. Tailwind indicated the funding will be used to continue the firm’s existing investment strategy. Based in New York, Tailwind is a … Continue reading

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Canadian Bitcoin Fund Granted Mutual Fund Trust Status

Recently, Canadian investment firm First Block Capital Inc. reported that FBC Bitcoin Trust, which the firm bills as the “first and only open-ended bitcoin fund approved by Canadian regulators,” has achieved mutual fund trust status under Canada’s Federal Income Tax … Continue reading

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Mississippi Turns to Lottery, Other Tax Changes, in Special Session to Fund Bridge Repair

In a five-day special session that concluded August 29th, Mississippi lawmakers reached an agreement to reduce the state’s $400 million per year infrastructure funding shortfall, a plan that includes several tax changes. As of mid-August, more than 400 locally-owned bridges … Continue reading

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