Taxes
Latest News
IRS Shares Five New Warning Signs of Incorrect ERC Claims
‘Unpredictable’ Election Clouds Tax and Economic Policy View
Sanders May Bring His Populist Brand to Powerful Senate Finance Committee
Accountant Gets Jail Time For Charging $3 Million on New Jersey Employer’s Credit Card
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Warren, Shaheen Urge IRS to Probe TurboTax
Senators claim TurboTax has sent refunds to bank accounts opened without the permission of taxpayers.
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Reality TV Star Todd Chrisley Sentenced to 12 Years in Prison for Fraud and Tax Evasion, Wife Gets 7 Years
The Chrisleys were convicted in June of a $30 million loan scheme in which they defrauded community banks by providing false documents
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Trump Org CFO Allen Weisselberg Got a Raise After Fraud Discovered
He testified that Trump’s sons gave him a $200,000 bump after they learned the family business was dodging the tax man.
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Zelle Users Are Circumventing an IRS Tax Rule to Their Advantage
Zelle says the new IRS 1099-K reporting rules for third-party payment processors do not apply to them.
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Theranos Founder Elizabeth Holmes Gets 11 Year Prison Sentence for Fraud
Theranos founder Elizabeth Holmes has been sentenced to 135 months — or more than 11 years — in prison, following her conviction for felony fraud in one of the most closely and widely watched trials in Silicon Valley history.
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Justice Department Assigns Special Counsel to Take Over Investigations into Trump
Garland named John L. “Jack” Smith as the special counsel under an order signed Friday. Since 2018, Smith has served as the chief prosecutor for the special court in The Hague...
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Former Trump Org CFO Testifies He Kept Two Sets of Books
Allen Weisselberg described how he and other executives illegally saved hundreds of thousands of dollars on taxes.
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FTX Users Can’t Count on Help From the IRS
When market investors suffer losses, they’re often eligible for a tax write-off to soften the blow. FTX users won’t be so lucky.