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A sentence of time served may result from plea bargains in which in exchange for only receiving a sentence that involves no additional period of incarceration, a defendant accepts a guilty plea. Additional terms of sentence that may accompany a sentence of served also include a probation, a fine, or unpaid community service. [2]
United States v. Bajakajian (1998) is the first and only case in which the Supreme Court has declared a criminal fine constitutionally excessive. There, the government sought the forfeiture of $357,144 from Hosep Krikor Bajakajian solely as a penalty for not declaring that amount to Customs when leaving the country.
US President-elect Donald Trump has been sentenced to "unconditional discharge", meaning he is spared jail time and a fine. He appeared stony-faced sitting alongside his lawyer via video link in a ...
The recording of the liability in the entity's balance sheet is matched to an appropriate expense account on the entity's income statement. In U.S. Generally Accepted Accounting Principles (U.S. GAAP), a provision is an expense. Thus, "Provision for Income Taxes" is an expense in U.S. GAAP but a liability in IFRS.
A Florida man has been charged with attempted murder after he allegedly tried to kill his wife on Christmas Day due to "financial and health issues," authorities said.
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's Social Security benefits were slashed. "It's not fair."
The Boggs Act of 1951 amended the Narcotic Drugs Import and Export Act and set mandatory sentences for drug convictions. A first offense conviction for cannabis possession carried a minimum sentence of 2 to 10 years and a fine of up to $20,000. [1] [2]