Ohio, Indiana Proposals Signal Bipartisan Shift in Family Tax Relief Republican-majority states like Ohio and Indiana are considering adopting refundable child tax credits, a policy traditionally associated with progressive agendas. These proposals indicate a growing bipartisan consensus on direct family
New Agreement Sparks Debate Over Privacy and Tax Compliance The Internal Revenue Service (IRS) has agreed to share certain taxpayer information about immigrants with U.S. law enforcement agencies involved in criminal investigations. This decision follows a newly signed agreement between
Republican-Led Budget Resolution Advances Amid Global Economic Uncertainty The U.S. Senate has approved a budget resolution that sets the stage for extending the Trump-era tax cuts and raising the federal debt ceiling. This move comes as the global economy faces
Jessica Crawford Faces Decades in Prison for Orchestrating Pandemic Relief and Tax Scheme A Georgia tax preparer, Jessica Crawford, has admitted to a multi-million-dollar tax fraud scheme involving fabricated businesses and manipulated COVID-era credits, potentially facing a lengthy prison sentence.
Sweeping Tariffs Aim to Boost Domestic Manufacturing, but Raise Global Concerns In a major policy shift, President Donald Trump announced a sweeping set of tariffs on imported goods during an April 2 speech at the White House Rose Garden. The
Lawyer’s Use of Trust Accounts and Cash Withdrawals Leads to Conviction A Missouri attorney has been convicted of tax evasion after years of fraudulent activities, facing prison time and substantial fines for concealing income and failing to file returns. Key
Guilty plea reveals elaborate scheme to hide assets and mislead the IRS, facing years in prison. A Florida businessman, David Albert Fletcher, has pleaded guilty to evading $1.7 million in federal taxes by concealing income and filing false returns, highlighting
California lawyer’s case underscores the government’s intensified efforts to prosecute tax evasion among high-earning professionals. A California attorney has been indicted on federal tax charges for allegedly evading taxes, filing false returns, and failing to file tax returns. The indictment,
Affected individuals and businesses gain extra time to file and pay due to severe storms. The IRS has extended tax deadlines for individuals and businesses in six West Virginia counties affected by severe storms, providing them until Nov. 3, 2025,
Illinois physician admits to $1.6M in tax losses and fraudulent Medicare claims, facing significant penalties. An Illinois doctor, Krishnaswami Sriram, has pleaded guilty to tax evasion and Medicare fraud, admitting to hiding assets and submitting false claims, resulting in significant