Maki_shmaki | Istock | Getty Images Consider this as a valuable information for all treasure hunters: The government expects a share of your discoveries. When someone comes across valuable items like gold coins, meteorites, or cash, they are generally obligated to pay taxes on their findings, which is referred to as “found” property. The tax …
Hunter Biden, the son of President Joe Biden, was seen leaving federal court after a plea hearing regarding two misdemeanor charges of willfully failing to pay income taxes in Wilmington, Delaware on July 26, 2023 (Ernst, Reuters). The legal team representing Hunter Biden has informed the judge that federal prosecutors have reneged on a previously …
Hunter Biden, the son of President Joe Biden, arrived at Fort Lesley J. McNair in Washington, DC, on July 4, 2023. The federal prosecutors announced on Tuesday that the pretrial diversion deal they had offered to Hunter Biden on a felony gun charge did not go into effect, despite the claims made by his defense …
Former U.S. President and Republican presidential candidate, Donald Trump, was recently informed by the independent financial monitor for the Trump Organization that there were issues of incompleteness and inconsistency in certain disclosures made by the company to lenders and others. Barbara Jones, the monitor, stated that Trump and his company defended their disclosure practices but …
KPMG is providing paid internships to high school students as a solution to the staffing shortage in the accounting field. Despite not having a passion for accounting, Autumn Kimborough, a 17-year-old high school senior from Flossmoor, Illinois, became excited when she heard about the well-paid summer internship opportunity at KPMG, which also included a $250 …
Mayors in cities across the United States are seeking to relax regulations that impede the conversion of office spaces into residential properties. Some cities are even offering attractive tax incentives to developers who take on the task of constructing new housing units. During a news conference in December 2022, Washington, DC Mayor Muriel Bowser expressed …
Prostock-Studio | Istock | Getty Images When it comes to your 401(k), one of the important decisions you need to make is whether to make pretax or Roth contributions. However, experts say that this choice can be complicated. Pretax 401(k) contributions can lower your adjusted gross income, but you will owe taxes on the growth …
Elijah Wood famously portrayed Frodo in the iconic “The Lord of the Rings” film trilogy, courtesy of New Line Cinema. However, this summer, the coveted “One Ring” was not found in Middle Earth but rather in the city of Toronto. If the lucky finder decides to sell this precious item, they may have to pay …
President Joe Biden vehemently denied any involvement in a supposed extortion attempt by his son Hunter Biden towards a Chinese businessman. When confronted by a reporter on the White House lawn about his alleged presence during the sending of a threatening WhatsApp message by his son, President Biden responded with a firm “No!” He reiterated …
New York and London are renowned for their abundant career opportunities and lively entertainment scenes, making them highly desirable places to live. However, the residents of these cities pay a premium for their lifestyles. According to the Economist Intelligence Unit’s Worldwide Cost of Living Index, New York and Singapore tied as the most expensive cities …