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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…
Finance

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…
Politics

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…
Politics

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…
Politics

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…
Politics

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…
Politics

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…