With Tax Evasion Rising Among the Wealthy, the IRS is Conducting Fewer Audits
The United States fails to collect $1 trillion every year in unpaid taxes, according to Internal Revenue Service (IRS) Commissioner Charles Rettig.
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G-Wagons, ‘Guard’ Dogs, Wine Dinners: Shocking Tax Deductions of the Rich
There are loads of luxury loopholes this tax season -- including write-offs for SUVs, fancy meals and more.
It’s Time to Stop Taxing Inflation and Start Indexing Capital Gains
The way to a wealthier and more prosperous American society is to foster a dynamic economy that encourages individuals to invest and save.
In Audits, the IRS is Focusing on Specific Americans Based on Their Salary – See if You Earn More Than the IRS’s Threshold
The IRS audited some of the poorest families at five times the rate of the rest of the population in 2021, according to IRS data.
Closing Tax Havens Will Test West's Resolve
The West's accommodation of dark money has accelerated the trend toward more opaque ownership structures and complex trusts aimed at evading taxes.
Russia Sanctions: How Much Money Do Oligarchs Have in British Tax Havens and Where Exactly is It?
Some fear Treasury could loses billions of its own if Government clamps down hard on Russians who bury their wealth in British Overseas Territories.
How Working Remotely Could Affect Your Taxes
When Covid-19 struck, many employers switched to work-from-home. Some employees began working in a state other than where their office was located.
