Even as a near-record number of Americans cite an unfair gap in tax avoidance among the country's wealthiest, they don't ...
The 2025 tax season has already begun, and millions of individual and business taxpayers will soon file their returns, hoping to owe as little as possible. Unfortunately, this can be a stressful time ...
A federal judge sentenced Charles Littlejohn, an IRS contractor, to five years in prison — the statutory maximum — for making unauthorized disclosures of income tax records. In her sentencing comments ...
While tax evasion and tax avoidance sound similar, they’re far from interchangeable. One is a legitimate strategy to reduce your tax burden, while the other could land you in serious trouble with ...
Democrats are going after tax avoidance from big companies and wealthy individuals as the debate on taxes heats up ahead of tax code expirations scheduled for next year. A new set of proposed rules ...
Over the past few years, the Internal Revenue Service has renewed attention on so-called "promoters" of tax avoidance transactions. According to the IRS, promoters are entities that "undermine ...
The news is filled with stories about conflicts between taxpayers and tax collectors. Just a few weeks ago a New York jury convicted the Trump Organization of criminal fraud for a 15-year scheme to ...
The FOI revealed that in the past four years, HMRC had sent 8,329 letters to crypto investors in 2021-22; none in 2022-23; 27 ...
Three-quarters of affluent clients said they haven’t discussed taxes with their financial professional, Rob Petzold, regional vice president with Kansas City Life, told members of an industry ...
The ultrarich have ways of avoiding paying income tax that regular people simply don’t have access to. This unfair balance-tipping is the subject of new reporting by ProPublica investigators, whose ...
Baked Alaska (Photo by Greg Powers For The Washington Post via Getty Images) The book is a history of the income tax. As some of you may know, high earners faced nosebleed rates in the 1950s, 91 ...
The Norwegian government is targeting tax avoidance in international banking, the real estate sector, and remotely delivered services as part of its 2026 budget proposal presented Wednesday.