irs
On Monday, the Internal Revenue Service performed an internal investigation and shared shocking news pertaining to Black citizens. The IRS revealed that Black taxpayers are audited at a higher rate than expected based on the minority share in the U.S. population, per New York Times. Per the documents, “Black Americans are up to five times more likely to […]
Beyoncé filed a petition last week challenging an IRS claim that she owes $2.7 million in unpaid taxes and penalties. According to the Notice of Deficiency, obtained by Forbes, Beyoncé owes $805,850 for 2018, along with $161,170 in penalties. She’s also responsible for $1,442,747 in 2019, as well as $288,549.40 in penalties. The Renaissance artist argues the IRS overlooked millions of […]
A Florida man has been sentenced to more than eight years in prison for fraudulently obtaining millions of dollars in coronavirus relief funds. According to the Department of Justice, Don V. Cisternino, 47, of Chuluota has been sentenced to eight years and six months in prison for wire fraud, aggravated identity theft, and illegal monetary transaction. The court also ordered Cisternino to […]
The computer repairman at the center of the Hunter Biden laptop saga is ready to tell his side of the story. In a new interview with the New York Post, John Paul Mac Isaac, who in 2020 alerted the FBI of incriminating emails, text messages, photos and financial documents on Biden’s infamous laptop, before turning it over to Rudy […]
The Internal Revenue Service and the administrator of Prince’s estate have finally come to an agreement that his estate is valued at $156.4 million, according to the Minneapolis Star Tribune. The final valuation comes nearly six years after the music icon’s 2016 death, with his heirs accepting the value decided upon by Comerica Bank & Trust and the IRS. Prince […]
It seems Uncle Sam is coming for Lil Pump. According to legal documents reviewed XXL magazine, the “Gucci Gang” rapper—legal name Gazzy Garcia—owes the Internal Revenue Service more than $1.6 million in unpaid taxes from 2018. The agency reportedly filed a lien against Lil Pump’s $5 million Miami mansion, which he purchased shortly after the release […]
Lil Pump was reportedly hit with a tax lien in April over failure to pay nearly $90,000 worth of back taxes. According to court documents obtained by Radar Online, the IRS is going after the 20-year-old rapper over an unpaid 2019 tax bill, which claims he owes the government $89,378.68. The IRS has placed a […]
On Monday, several Democrats, headlined by Senators Elizabeth Warren, as well as reps Pramila Jayapal (Washington) and Brendan Boyle (Pennsylvania), and co-sponsored by Bernie Sanders, proposed a new tax that would take 3 percent annually on wealth that surpasses $1 billion, in addition to a 2 percent tax of households and trusts with wealth valued between $50 million and […]
The pandemic rages on and still the only government relief many Americans have seen was a stimulus check in the spring. People are desperate and, unfortunately, folks looking for any way out can be easy marks. A new text scam is phishing for personal information by impersonating the Internal Revenue Service and promising another $1200 stimulus […]
A man who was hiking in the Arkansas State Park stumbled upon an amazing discovery without even realizing it, a 9.07-carat diamond that he mistook for a piece of glass. People cited that 33-year-old Kevin Kinard was adventuring through the Crater of Diamonds State Park on Labor Day weekend when he made the discovery. “It kind of looked interesting […]
