Trump executive Weisselberg pleads guilty to tax fraud
The former chief financial officer of Donald Trump’s company, Allen Weisselberg, has pleaded guilty to tax violations in a deal that would require him to testify about illicit…
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Biden team pushes to allay concerns about tax enforcement funds
US Treasury secretary directs IRS chief against using new resources to audit more households making less than $400,000.After a Republican outcry over a bill providing more funding…
India accuses Chinese phone maker Xiaomi of forex violations
India’s anti-money laundering agency took control of the bank accounts of Xiaomi Technology India, it said.India accused Xiaomi Corp. of breaching the country’s foreign-exchange…
Here’s how Biden’s billionaire income tax would work
A “Billionaire Minimum Income Tax” is included in US President Joe Biden’s fiscal year 2023 budget proposal — part of the administration’s effort to reduce the United States…
US small-business owners face tax headaches on top of COVID woes
Small businesses that have been buffeted by the pandemic, inflation and shipping woes have another challenge to add to their plate: taxes.
Tax season can be complicated for…