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Government taxation and revenue

If you resold a Taylor Swift ticket for a profit, prepare to pay taxes

by Adrian Jhonsan
If you resold a Taylor Swift ticket for a profit, prepare to pay taxes

Taylor Swift performs onstage at Lumen Field in Seattle on July 22, 2023. Mat Hayward/tas23 | Getty Images Entertainment | Getty Images Taylor Swift fans forked out an average $2,183 …

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Trump fraud trial begins in New York court

by Adrian Jhonsan
Trump fraud trial begins in New York court

Former President Donald Trump, right, sits in the courtroom at New York Supreme Court, Monday, Oct. 2, 2023, in New York. Seth Wenig | AP The $250 million civil fraud …

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Categories World

Hunter Biden prosecutor can testify to House GOP panel

by James Odonell
Hunter Biden prosecutor can testify to House GOP panel

U.S. Attorney David Weiss speaks during a press conference on May 3, 2018, at his district office in Wilmington, Del. Suchat Pederson | The News Journal | AP The Department …

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Categories Politics

Trump and company liable for fraud in New York lawsuit, judge rules

by Adrian Jhonsan
Trump and company liable for fraud in New York lawsuit, judge rules

A judge on Tuesday ruled that former President Donald Trump and his company are liable for fraud by misstating the true values of multiple real estate properties for years. Judge …

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Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

by Adrian Jhonsan
Thailand’s new prime minister boosts optimism, but his populist policies pose fiscal risks

Srettha Thavisin, Thailand’s prime minister, arrives at the Thai Parliament in Bangkok, Thailand, on Monday, Sept. 11, 2023. Valeria Mongelli | Bloomberg | Getty Images Months of political deadlock and …

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IRS to reduce audits on filers claiming the earned-income tax credit

by Adrian Jhonsan
IRS to reduce audits on filers claiming the earned-income tax credit

IRS Commissioner Daniel Werfel testifies before the House Small Business Committee on July 17, 2013. James Lawler Duggan | Reuters They’re using resources to reverse the precipitous decline in enforcement …

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Categories World

Hunter Biden sues IRS over tax disclosures, DOJ gun case moves ahead

by James Odonell
Hunter Biden sues IRS over tax disclosures, DOJ gun case moves ahead

Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July …

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Categories Politics

Prosecutors will seek Hunter Biden indictment before Sept. 29

by James Odonell
Prosecutors will seek Hunter Biden indictment before Sept. 29

Hunter Biden, son of U.S. President Joe Biden, departs federal court after a plea hearing on two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware, July …

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Categories Politics

IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

by Adrian Jhonsan
IRS delays ‘Secure 2.0’ change for 401(k) catch-up contributions

Terry Vine | Getty Images Higher earners who maximize retirement savings now have more time for pretax catch-up 401(k) contributions, thanks to new IRS guidance.  Currently, “catch-up contributions” allow savers …

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Categories World

Here’s why property taxes vary so much from city to city

by Adrian Jhonsan
Here’s why property taxes vary so much from city to city

Andreypopov | Istock | Getty Images Property taxes can be a major expense for households, and several factors may affect the size of the bill, research shows. These levies, which …

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Categories World
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