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Published: 05/27/10

Adviser to the Stars Charged in $30 Million Scheme

By  Hugh Collins - AOL News
Adviser to the Stars Charged in $30 Million Scheme

(May 27) -- Kenneth Starr, a financial adviser to celebrities such as Wesley Snipes and Sylvester Stallone, has been charged with stealing $30 million of his clients' money to fund a luxurious lifestyle. Starr is charged with making unauthorized transfers from his clients' accounts, according to documents filed by the U.S. attorney in the Southern District Court of New York. He is also charged with soliciting funds for investments that were "sure deals," then directing the money to himself and his associates. He is not the Kenneth Starr who served as an independent counsel in the ...

Published: 04/15/10

Income Tax: Why 70 Million Americans Don't Pay Uncle Sam a Dime

By  Joann M. Weiner - Politics Daily
Income Tax: Why 70 Million Americans Don't Pay Uncle Sam a Dime

By midnight Thursday, about 150 million Americans will have buckled down and filed their annual federal income tax returns, and the IRS will begin collecting nearly $1 trillion in revenue from these individuals. While you struggle to meet your deadline, consider that although the law requires you to file a tax return, more than 70 million of your fellow filers will not owe a single penny to Uncle Sam. As the latest news from the non-partisan Tax Policy Center shows, a record 47 percent of tax filers will have no federal income tax liability this year. You may wonder, how is this ...

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