IRS seeks records on offshore credit card accounts
The IRS filed federal court petitions Wednesday to obtain records from American Express Travel Related Services and MasterCard International. The target: U.S. taxpayers with credit, debit, and charge card accounts held in Bahamas, Cayman Islands, and Antigua and Barbuda. Officials say offshore promoters market tax sheltering but the Caribbean operations’ headquarters are in the Miami area and the records are legally accessible.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
U.S
Bahamas
Cayman Islands
Antigua and Barbuda
American Express Travel Related Services Co
MasterCard International
Miami
IRS
Smith & Wesson to lay off 125 in Massachusetts
Smith & Wesson will cut about 125 jobs, roughly 15 percent of its workforce, citing slumping sales and a buyer boycott over a gun safety agreement with government bodies. The layoffs affect Springfield, where 725 workers are based, with 100 more in Houston, Maine.
MENTIONED IN THIS ARTICLE
Smith & Wesson
Springfield
Houston
Maine
StarLink corn recall widens beyond initial scope
The StarLink genetically engineered corn linked to a nationwide recall may have entered the human food supply. Aventis CropScience estimates about 9 million bushels, roughly 10 percent of the crop, are unaccounted for and uncertain to be recovered. Authorities say the health risk remains remote as efforts continue to locate the remainder.
MENTIONED IN THIS ARTICLE
Washington
Aventis CropScience
Aventis
Rick Rountree
StarLink
Susan McAvoy
Agriculture Department
Texas
Florida fights citrus canker with tree removals
Florida agriculture crews press a campaign to eradicate citrus canker by cutting down infected trees in backyards across southern counties. The program, spurred by a $8.5 billion citrus industry, has led to armed standoffs as rules permit removal within 1,900 feet of infection and require two years before replanting.
MENTIONED IN THIS ARTICLE
Miami
Florida
Nick Michaels
Miami-area
Florida Agriculture Department
Terry McElroy
Florida Blighted at Its Core By Anger Over Tree Removals
Florida faces a plant illness spreading after heavy rain with leaf spots and lesions on fruit trees.Residents in Kendall amid Miami protest planned human chains to shield grapefruit trees while authorities issue notices for removal. A Broward man threatened to shoot a worker and a dog died as crows fed on a stump near a neighbor's yard. Registration crews faced resistance as homeowners contend with compensation offers and appeals, while local officials sue for better notice.
MENTIONED IN THIS ARTICLE
Broward County
Tyler
Fernando Ruiz
Ruiz
Steve Sapp
Dade County Farm Bureau
South Miami
Julio Robaina
University of Miami
Fred Westphal
Agriculture Department
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North American Millers Assa
Environmental Protection Agency
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