In a surprising turn of events, Hunter Biden, the son of the president, has filed a lawsuit against the IRS in response to allegations about his taxes. This comes just days after Biden was indicted on federal firearms charges. The lawsuit, which was filed on Monday, accuses two whistleblower IRS agents, Gary Shapley and …
New York Mets owner and successful hedge fund manager, Steve Cohen, is currently embroiled in a legal battle with the Internal Revenue Service (IRS) over the payment of self-employment taxes on income from several years ago. Cohen, who is 67 years old and has a net worth of $13.2 billion according to Bloomberg, is disputing …
U.S. Secretary of the Treasury Janet Yellen arrived at Johns Hopkins University’s School of Advanced International Studies (SAIS) in Washington, DC, on April 20, 2023, to deliver remarks. Anna Moneymaker | Getty Images News | Getty Images Treasury Secretary Janet Yellen commended the IRS for its new initiative, which she believes will contribute to a …
When it comes to filing joint taxes, who gets their name listed first – the husband or the wife? According to a recent study conducted by researchers at the University of Michigan and the U.S. Treasury Department, this decision can reveal a lot about a couple’s beliefs and attitudes. Although gender roles in America have …
A group of senior Congressional Republicans is calling for an investigation into what they perceive as “unlawful whistleblower retaliation against veteran IRS employees” involved in the scrutiny of Hunter Biden, the president’s son. Senators Chuck Grassley and Ron Johnson, along with Reps. Jason Smith, James Comer, and Jim Jordan, sent a letter to special counsel …
Hunter Biden, the son of President Joe Biden, has reached an agreement to plead guilty to two federal misdemeanor offenses of willfully failing to pay federal income taxes, according to a court filing on Tuesday. Additionally, Hunter Biden has also agreed to enter into a pretrial diversion agreement related to a federal felony charge of …
CNN reports that over 100 million income tax returns for 2022 have been received by the IRS so far this tax season, meaning many households are yet to file. The article outlines several last-minute tips to keep in mind before the April 18 deadline, including potential filing extensions for those in federally declared disaster areas …