Internal Revenue Service
Swiss asset manager settles US tax evasion charges
The Geneva asset management firm Prime Partners has agreed to pay $5 million (CHF4.8 million) to the United States to settle charges for tax evasion …
CorruptionThe U.S. government's secret war on the KKK involved the FBI, Fidel Castro and lots of dirty tricks
<i>Newsweek published this story under the headline of “G-Men and Klansmen” on August 25, 1975. Due to recent events at a white supremacist rally in</i> …
Fidel CastroCalifornia Gubernatorial Candidate Steered Low-Income Housing Funds To Campaign Contributors
The latest involves California treasurer and 2018 gubernatorial candidate John Chiang, who has helped funnel millions in LIHTC tax credits to …
HousingHow the Trump Administration Is Sabotaging Obamacare
You know the old saying.<p>If you can’t repeal ‘em, then sabotage ‘em.<p>Advertisement<p>Advertisement<p>That’s exactly what some people say the Trump …
Health CareLawyer lists possible violations of Comelec's Bautista, et al
MANILA - The legal adviser of Patricia Bautista, estranged wife of poll chief Andres Bautista, believes the poll chief and his relatives committed at …
CorruptionIRS Phishing Scam Targets Tax Professionals
The Internal Revenue Service (IRS) is warning about a new email impersonation scam targeting tax professionals.<p>Cybercriminals are sending emails …
Identity TheftCyber crooks target tax pros, putting your data at risk
Skip in<p>x<p>Embed<p>CLOSE<p>The IRS has been making a full-court press this summer to alert tax professionals that cyber crooks are out to steal taxpayer …
Identity TheftRapper DMX ordered confined to home on tax fraud charges
NEW YORK — Rapper DMX was ordered confined to his suburban New York City home Friday by a judge who said he repeatedly violated bail ...
PittsburghTrump’s IRS Swamp
Obama-era lawyers are still obstructing lawsuits to hold the agency accountable.<p>Donald Trump promised to drain the swamp, and here’s a seven-month progress report: The Washington bog is still as wide and fetid as ever. Consider that Mr. Trump’s Justice Department has inexplicably continued to …
GovernmentIf the GOP whiffed on healthcare, expect the same on tax reform
After failing at their long-promised goal to repeal the taxes associated with ObamaCare, one has to wonder whether the Republican Party will succeed …
Tax ReformHere's What Goldman Is Telling Big Money Clients About Bitcoin
Goldman Sachs Group Inc. is acknowledging that it’s getting harder for institutional investors to ignore the cryptocurrency market with total assets …
BitcoinBitcoin Expert Warns Users: "The IRS Has Caught On"
The IRS is on the hunt for a big fish.<p>Over the past few years, bitcoin has made an unknown number of people very, very rich. But in the 2015 tax …
Tax PreparationMarkets Don't Work for Everything
If all we did was haggle over the price of each transaction, not much would get done.<p>My Bloomberg View colleague Tyler Cowen has a running series of blog posts bearing the title “Markets in Everything.” Plenty of other economists and writers have picked up the phrase, and with good reason -- it’s …
IRS Warns of Fake Tax Software Update Scam
Criminals are successfully targeting professional tax preparers<p>The Internal Revenue Service (IRS) along with state tax agencies issued a warning this week about a new phishing email scam that impersonates tax-software providers and attempts to steal users' usernames and passwords by tricking people …
Identity TheftBlocking abuse of lower small business rate slows U.S. tax overhaul
WASHINGTON (Reuters) - A plan by President Donald Trump and congressional Republicans to slash taxes on so-called pass-through businesses is testing …
World EconomyThe latest sneaky attempt to increase corporate political power
Three riders inside the House appropriations bill would bar federal agencies from enforcing campaign finance laws<p>“If you want to do something evil, put it inside something boring,” John Oliver said in 2014 of the tireless efforts of telecomm monopolists to get rid of net neutrality. It’s a tried …
Liberal ViewWhat to do when an IRS letter arrives in the mail
Few things are more frightening than opening your mailbox and finding a letter from the Internal Revenue Service. You may wrack your brain wondering …
Identity TheftEmails Show Reporters Brushed Suspicious Clinton-Lynch Tarmac Meeting Under The Rug
It has become obvious in the era of Trump that mainstream media organizations see themselves as defenders of freedom and decency against the …
Conservative ViewPot Industry Insiders On Why The IRS Is Targeting Them—And How To Avoid Business Disruption
<i>Photo by Javier Hasse.</i><p><b>This article was originally published on Benzinga, and adapted exclusively for HIGH TIMES.</b><p>According to several sources in the …
CannabisMany Politicians Lie. But Trump Has Elevated the Art of Fabrication.
WASHINGTON — Whit Ayres, a Republican political consultant here, likes to tell his clients that there are “three keys to credibility.”<p>“One, never defend the indefensible,” he says. “Two, never deny the undeniable. And No. 3 is: Never lie.”<p>Would that politicians took his advice.<p>Fabrications have …
Dwight D. EisenhowerDonald Trump’s Lies Are Different
The <i>New York Times</i> writes today that presidents have been lying for a long time:One of the first modern presidents to wrestle publicly with a lie was …
Donald TrumpHow to avoid family financial sabotage
Did you ever lend or give money to a family member? If so, you're like many who have responded financially to at least one request.<p>Giving to others …
Personal FinanceSwiss banks to share data with India, praises country's data security system
Switzerland found India's data security and confidentiality laws "adequate" for entering into an automatic exchange of information pact, which will …
Data ProtectionWhy Bitcoin Investors Must Report Gains to the IRS
As cryptocurrency comes to the forefront with more investors jumping aboard, it is important to be aware of the tax issues and how to report gains …
CryptocurrencyWhy good minute taking is key for cleaning up culture of corruption
As scandal after scandal is uncovered in SA, as we witness crisis after crisis and deepening corruption, the name of the game is blame.<p>It’s always …
Constitutional CourtsFacebook Messenger Gets AI Update and Social Influencers – Go to Camp?
Facebook Messenger isn’t quite as popular with businesses as Facebook is. But a new feature that integrates AI could make the platform a bit more …
Small BusinessWhite House considers lower deduction for U.S. homeowners: Politico
WASHINGTON (Reuters) - The Trump administration is considering reducing the annual $1 million mortgage deduction cap for U.S. homeowners as a part of its broader tax reform, despite earlier promises to protect the tax advantage, Politico reported on Friday.<p>Politico said the popular deduction came …
BusinessObama's IRS 'misled' Obamacare customers: Audit
The Obama administration "misled" Americans into thinking signing up for Obamacare would be cheaper than it really was, according to an inspector …
GovernmentNigerian man charged in US school districts phishing scam
NEW HAVEN, Conn. – A Nigerian citizen has been arrested in a phishing scheme that targeted school districts in Connecticut and Minnesota in an effort to get employees' personal information and file bogus tax returns, federal authorities said Friday.<p>Daniel Adekunle Ojo was arrested Thursday on fraud …
School DistrictsLaPlace tax preparer admits fraud, owes $6.9 million to IRS | NOLA.com
A LaPlace woman faces 12 years in prison after admitting to preparing and filing $6.9 million in fraudulent tax returns, according to U.S. Department …
Fraud