Tax
Largest International Operation Against Darknet Drug Trafficking Nets Record Arrests And Seizures
The numbers are eye-opening. 288 arrests. 117 firearms. 850 kilograms of drugs. $53.4 million in cash and virtual currencies. That...
Senators Ask IRS About AI-Generated Scams Targeting Taxpayers And Tax Pros
A group of Senators is urging the IRS to take action on the potential use of artificial intelligence (AI) in...
Louisiana Man Sentenced To 10 Years For Fraudulent PPP Loan Scheme
A Louisiana man was sentenced to 10 years in prison for money laundering related to a fraudulent scheme involving Paycheck...
EV Tax Credit Sourcing Rules And The EU
Professor Kathleen Claussen of Georgetown Law discusses how the proposed regs for the new clean vehicle tax credit affect the...
IRS Extends April 18 Tax Deadline To Aug. 15 For Florida Storm Victims
The IRS announced that Florida storm victims have until Aug. 15, 2023, to file federal individual and business tax returns...
What To Know If You’re Planning To Ditch Your Bank
With concerns about banks constantly in the news—most recently, the Federal Deposit Insurance Corporation (FDIC) confirmed that First Republic Bank...
Taxpayers ‘Terrorized’ By Complexity In 1919
Some of the most intractable problems plaguing the federal tax system have been around for a long time. Complaints about...
What Rate Determines My Wife’s Social Security Spousal Benefit?
Today's Social Security column addresses questions about what how spousal benefits are calculated based on the worker's benefit rate, effects...
How Insurance Bad Faith Recoveries Are Taxed
Insurance bad faith lawsuit recoveries can be significant, dwarfing the underlying dispute. By definition, a bad faith case comes out...
Social Security Sues 32 Year-Old For Benefits “He” Received 21 Years Ago, At Age 11!
This is among the worst Social Security horror stories I’ve encountered in years of writing about Social Security’s financial abuse...
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