IRS crackdown on wealthy Americans faces roadblocks
WASHINGTON — Tens of thousands of wealthy Americans are not complying with recently revamped Internal Revenue Service efforts to get…
NYPD Commissioner Edward Caban resigns amid federal nightclub probe
NYPD Commissioner Edward Caban resigned Thursday from his post helming the country’s largest police department amid a federal investigation into its nightclub enforcement, according…
More than $1 billion in EV tax credits issued upfront to buyers, Treasury and IRS say
The federal government has issued more than $1 billion in tax credits as an upfront cash incentive to buyers of…
Former IRS employee charged in $2.1 million Exxon Mobil tax credit theft attempt in Utah
A former IRS employee was charged in Utah federal court for allegedly trying to steal $2.1 million in tax credits…
New York tax preparer charged with causing more than $100 million in losses from fraudulent returns
A New York tax preparer was arrested Monday on charges related to causing “substantially” more than $100 million in tax…
Swiss bank Banque Pictet admits hiding $5.6 billion of Americans’ money from IRS
A major Swiss bank admitted to conspiring with U.S. taxpayers and others to hide over $5.6 billion from the Internal…
New IRS paperless system will help reduce deficit significantly over 10 years, Yellen says
WASHINGTON — Treasury Secretary Janet Yellen praised a new initiative by the IRS that she said will help reduce the…
Hunter Biden to plead guilty to federal tax crimes, take deal on gun charge
Hunter Biden, the son of President Joe Biden, has agreed to plead guilty to two federal misdemeanor crimes of willfully…
