From the 2025 tax year, that will be much harder to get away with. If you sell or exchange digital assets on a centralized ...
March 13, 2006 — -- If you're dreading tax day, consider this: Thousands of tax cheats who owe the government millions in back taxes are getting paid with your tax dollars -- in federal contracts ...
Cheating on your taxes is a form of high-stakes gambling. You might catch a break and evade suspicion, but the IRS is incentivized to go after those Americans who don’t pay what they owe — an amount ...
Key lawmakers unveiled a bill Tuesday aiming to crack down on wealthy tax dodgers hiding money overseas. The bill would impose new reporting requirements on foreign financial institutions doing ...
The richest 1% are already responsible for nearly 30% of all unpaid taxes—amounting to $205 billion annually. That’s $562 million in unpaid taxes per day, or $6,500 every second. Ahead of Tax Day, ...
A convicted tax cheat was pardoned by President Trump after his mother attended a $1 million-a-plate fundraising dinner at Mar-a-Lago. Paul Walczak pleaded guilty to tax crimes shortly after the 2024 ...
The U.S. Flag flys above the International Revenue Service headquarters building on January 3, 2024, in Washington, D.C. President Donald Trump wants to abolish the Internal Revenue Service. In the ...