federal taxes Archive

All They Want For Christmas Is A Spending Deal

TweetShareSharePin0 Shares “Here to Christmas:” Will Congress extend its Dec. 16 funding deadline? After a leadership meeting at the White House, Senate Majority Leader Chuck Schumer declined to say whether he’d push for a short-term spending bill or a year-long deal. Minority Leader Mitch McConnell is still mulling whether to strike a deal with Democrats.

Elton John Sued His Accountants For $30 Million, Lost $12 Million Instead

TweetShareSharePin0 Shares Sir Elton John, who recently concluded his “Goodbye Yellow Brick Road” farewell tour at Los Angeles’s Dodger Stadium, once tried to sue his accounting firm for $30 million. Credit: Scott Dudelson/Getty Images However, the legendary musician ultimately lost $12 million of his own money fighting a losing legal battle.  According to one recent

Kanye West Admits He Owes the IRS $50 Million

TweetShareSharePin0 Shares Rapper and entrepreneur Ye, formerly known as Kanye West, has admitted that he has a $75 million hold on four of his accounts because he owes the IRS $50 million. Credit: Arturo Holmes/Getty Images According to a new report from Business Insider, Kim Kardashian’s ex-husband spoke out during a recent episode of the “Timcast IRL” podcast.

California Gas Prices Fall to Lowest Rate Since September 2

TweetShareSharePin0 Shares In October 2022, Californians faced a gas price crisis, with the average cost of fuel skyrocketing to $6.46 a gallon.  At the time, Governor Gavin Newsom asked oil companies to switch to their “winter-blend” gasoline, which tends to be less costly for consumers.  Los Angeles news station ABC 7 did note, however, that

EU “Fiscal Fairness”

TweetShareSharePin0 Shares “Tax fairness” has been a lingering theme in European Union policy circles since the 2008 financial crisis. Over time, the meaning of “tax fairness” has expanded from combatting tax fraud and avoidance to promoting a certain vision of broader economic fairness. This vision has been primarily focused on taking from wealthy citizens and large corporations

Trump’s Tax Returns, A UN Tax Challenge, FTX And Crypto Taxes

TweetShareSharePin0 Shares Three years after asking, Ways & Means will obtain the former president’s tax returns. The Supreme Court issued an unsigned order denying former President Donald Trump’s effort to block the Treasury Department from turning over his tax returns to the House committee. Chairman Richard Neal has not indicated whether the panel will publish

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