Robert A. Hanamirian, 80, of Fort Washington and New York, the son of Armenian immigrants who rose to become an international tax lawyer, died Monday, June 25, of natural causes at his home in New York. From 2001 until 2018, Mr. Hanamirian was a tax lawyer with the firm of Kranjac Tripodi & Partners, LLP on Wall Street. For the past five years, he had also been of counsel at the Moorestown law firm run by his son, John M. Hanamirian. From 1995 to 2001, Mr. Hanamirian had operated a solo law firm from his Fort Washington home. A first-generation Armenian-American, Mr. Hanamirian was born in Philadelphia to Mooshegh and Hratcha Hanamirian, who fled the Ottoman Empire in 1915 in response to the slaughter of Armenian citizens by the Turks. The Armenian Genocide resulted in the deaths of 1.5 million Armenians in what is now the Republic of Turkey. His parents lived in China before reaching the United States in 1920. Once in Philadelphia, they became the proprietors of the York … [Read more...] about Robert A. Hanamirian, 80, international tax lawyer
A tax lawyer
A Taxing Job For The IRSCOMMENTSTop HeadlinesEPA No. 2 Official Is ConfirmedOhio County Schools Team With Diversity FirmWheeling City Council Pay Raises Headed to BallotMurray Energy Chief Robert Murray May Buy Power PlantsCommissioners Prepare for Court ConsolidationAlmost Heaven, West Virginia: Denver Lyric Becomes Part of Tourism PromotionGirl Left Out Of The GroupWarriors, Cavs Vulnerable or Headed for NBA Finals?JM Takes Down WeirFear Hinders Joy of Being A ParentWheeling Man Arrested For Alleged Contracting ScamsWJU Prof Earns Fulbright To Study German ArmyNewsletter
WASHINGTON (AP) — The acting head of the IRS says the current tax-filing season has gone well, while acknowledging the tough challenge the cash-strapped agency faces of administering the new tax law that will affect 2019 returns. Acting IRS Commissioner David Kautter told Congress Thursday that some 79 million refunds totaling about $226 billion have been issued as of April 6, averaging $2,900 — up $13 from last year. Around 80 percent of returns filed claimed a refund. The agency’s so-called level of service for taxpayers calling for information is running close to 80 percent. That’s the number of toll-free callers who either talk to an IRS customer service rep or receive automated messages with tax information, divided by the total number of attempted calls. The final year under the “old” tax regime, 2017, has to be accounted for by taxpayers in returns by Tuesday. The agency, pummeled for years by criticism from congressional Republicans and … [Read more...] about A Taxing Job For The IRSCOMMENTSTop HeadlinesEPA No. 2 Official Is ConfirmedOhio County Schools Team With Diversity FirmWheeling City Council Pay Raises Headed to BallotMurray Energy Chief Robert Murray May Buy Power PlantsCommissioners Prepare for Court ConsolidationAlmost Heaven, West Virginia: Denver Lyric Becomes Part of Tourism PromotionGirl Left Out Of The GroupWarriors, Cavs Vulnerable or Headed for NBA Finals?JM Takes Down WeirFear Hinders Joy of Being A ParentWheeling Man Arrested For Alleged Contracting ScamsWJU Prof Earns Fulbright To Study German ArmyNewsletter
Donald Trump can get a tax break for his Trump U settlement
Last Updated Nov 22, 2016 5:30 PM EST Donald Trump can deduct almost all of the $25 million settlement with former students of his defunct Trump University, settling class-action fraud lawsuits against the president-elect over the controversial real estate course.The reason he can write off the money is that it is “an expense in the ordinary course of doing business,” said Robert Willens, a New York-based tax consultant. Of the settlement payout, $24 million is earmarked for Trump University students, and another $1 million is a fine. It’s doubtful he could take the fine off his taxes, Willens said.New York Attorney General Eric Schneiderman announced the $25 million total settlement on Friday. As Trump hustles to put together his new administration, he agreed to settle three civil actions seeking repayment for up to 7,000 students -- two lawsuits in California and Schneiderman’s in New York.Many of the students will get back at least half their money, … [Read more...] about Donald Trump can get a tax break for his Trump U settlement
‘It’s a tax rip-off’
Visit The Boston Globe Share on Twitter Share on Facebook Comment on this Scroll to top of page Sacha Pfeiffer Globe Staff April 30, 2017 One way reporters find interesting stories is tips from readers, and the tip I recently received about the James G. Martin Memorial Trust left me wondering: 14 years after the Globe Spotlight Team investigated financial abuses by charitable foundations, has the situation improved?The $4 million Martin trust, created in 1977 and based in Rye Beach, N.H., is a private foundation, which typically means it was set up by a wealthy family or individual who gets large tax breaks for putting aside money for charitable causes.My tipster had this damning opinion: “Clearly, the primary purpose of the foundation is to provide a comfortable income to the three daughters,” who live in Massachusetts. Advertisement Intrigued, I combed through nearly two decades of the foundation’s tax filings, and it turns out the tip … [Read more...] about ‘It’s a tax rip-off’
Jared Kushner company investors have been subpoenaed as part of a tax investigation, report says
U.S. Jared Kushner kushner companies Internal Revenue Service Justice Department Taxes Real Estate Donald Trump New York New Jersey Securities and Exchange Commission Brooklyn Russians Robert Mueller U.S. tax authorities have reportedly subpoenaed investors and lenders in real estate projects managed by the family of senior White House adviser Jared Kushner. Related: Jared Kushner's Debt Soared By Millions Since Entering White House, Ivanka Trump Financial Disclosure Reveals The Internal Revenue Service and Department of Justice issued the subpoenas in the last year and authorities have identified investors and gathered information from lenders to Kushner Companies projects in New York and New Jersey, a person familiar with the matter told Bloomberg in a report published Thursday. The projects involve deals as far back as 2010. Keep up with this story and more by subscribing now It is not clear whether tax authorities are also investigating Kushner Companies or its business … [Read more...] about Jared Kushner company investors have been subpoenaed as part of a tax investigation, report says