Tax season to kick off next week, below are key IRS tax deadlines

U.S. 01/22/22, 00:52

The 2022 tax season begins next week, but taxpayers may have to brace for delays as the Internal Revenue Service faces a pileup of unprocessed returns due to the COVID-19 pandemic and other related disruptions, according to Fox Business.  The National Taxpayer Advocate has sent a report to Congress in which it estimated that the ...

Twitter poll supported Elon Musk selling 10% stake in Tesla

U.S. 11/08/21, 03:22

A majority of Twitter users voted in favor of Elon Musk offloading 10% of his Tesla stock to pay tax in a poll. It concluded on Sunday, Nov. 7, one day after being launched, and the survey revealed 57.9% of around 3.5 million respondents wanted Musk to sell off more than ...

Democratic governor caught spending taxpayer money on personal items

U.S. 02/23/21, 11:19

According to a recent report, New Mexico Democratic Gov. Michelle Lujan Grisham, reportedly used taxpayer funds to purchase personal items such as groceries, alcohol, and pay for dry cleaning. As reported by the Sante Fe New Mexican newspaper, records of her office expenses detail that Gisrham, spent about $ 13,500 in ...

President Trump claws back $200 million from ‘obsolete’ Obama-era solar project

U.S. 08/02/20, 23:19

A cabinet-level department recovered hundreds of millions of dollars in federal funding from an outdated renewable energy development that the previous administration supported. The U.S. Department of Energy has successfully recouped about $200 million from a taxpayer-funded loan for Tonopah Solar Energy's $1 billion Crescent Dunes Solar Energy Project, 226 miles ...

President Trump’s tax cuts benefit most Americans

U.S. 04/15/19, 18:05

The tax reforms by President Donald Trump are bearing fruit for many Americans. "There has never been a better time to start living the American Dream," the president said in a fact sheet from the White House on Monday. In two other fact sheets released on Monday, the White House highlights that ...

Trump is cracking down on wasted time and money at the Veterans Affairs

Politics 11/12/18, 07:58

Believe it or not, the Department of Veterans Affairs has 430 medical professionals who, instead of performing their duties as nurses or doctors, spend some or all of their time working for their federal employees unions. All of that happens on the taxpayers’ dime. Not anymore, according to the VA’s recent announcement. As of ...

Report: European taxpayers bilked out of 55 billion euros

Europe 10/19/18, 04:48

A group of media outlets led by Germany's non-profit Correctiv are reporting traders have manipulated transactions in multiple European countries over years, draining tax coffers of some 55.2 billion euros ($63.5 billion). In Germany alone traders were able to garner 31.8 billion euros in so-called "Cum-Ex" trades, involving receiving multiple reimbursements ...

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