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Government taxation and revenue

Prison inmate stole $550 million in Covid tax credits

by Vera Ward
Prison inmate stole 0 million in Covid tax credits

Kameleon007 | Istock | Getty Images A California prison inmate locked up on a gang-related murder conviction led a scheme that defrauded the U.S. government out of more than $550 …

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Can Indonesia’s next president Prabowo deliver on his big promises?

by Walter Watson
Can Indonesia’s next president Prabowo deliver on his big promises?

Prabowo Subianto, Indonesia’s presidential candidate and defense minister, center, waves to supporters in Jakarta, Indonesia, on Wednesday, Feb. 14, 2024. Prabowo declared victory in Wednesday’s presidential vote, citing independent pollsters, …

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Tax evasion by wealthiest Americans tops $150 billion a year: IRS

by Anas Siddiqui
Tax evasion by wealthiest Americans tops 0 billion a year: IRS

The nation’s millionaires and billionaires are evading more than $150 billion a year in taxes, adding to growing government deficits and creating a “lack of fairness” in the tax system, …

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Trump faces obstacles to securing an appeal bond in fraud case

by Vera Ward
Trump faces obstacles to securing an appeal bond in fraud case

Former U.S. President Donald Trump gestures on the day of a court hearing on charges of falsifying business records to cover up a hush money payment to a porn star …

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Judge Engoron to issue ruling in NY business case

by Vera Ward
Judge Engoron to issue ruling in NY business case

Former U.S. President Donald Trump departs following speaking to the press after attending the civil fraud trial against the Trump Organization in New York State Supreme Court, in New York …

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Jeff Bezos’ move to Miami will save him over $600 million in taxes

by Anas Siddiqui
Jeff Bezos’ move to Miami will save him over 0 million in taxes

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in …

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For $7,500 EV tax credit, you may no longer have to wait until tax time

by Horatio Thompson
For ,500 EV tax credit, you may no longer have to wait until tax time

Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new …

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Mega rich renew call on global leaders at Davos to ‘tax our extreme wealth’

by Walter Watson
Mega rich renew call on global leaders at Davos to ‘tax our extreme wealth’

Austrian Marlene Engelhorn, who inherited from her family who owns the Germany’s chemical giant BASF, poses with a placard reading “Tax the rich!” at the entrance of the Congress center …

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Trump ordered to pay New York Times, reporters over lawsuit

by Vera Ward
Trump ordered to pay New York Times, reporters over lawsuit

Former U.S. President Donald Trump attends the closing arguments in the Trump Organization civil fraud trial at New York State Supreme Court in the Manhattan borough of New York City, …

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$7,500 EV tax credit may be easier — and harder — to get in 2024

by Horatio Thompson
,500 EV tax credit may be easier — and harder — to get in 2024

Praetorianphoto | E+ | Getty Images The $7,500 tax credit for new electric vehicles will be easier for many consumers to claim in 2024, but it may be more difficult …

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