taxes
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CNN reports the White House released the 2020 tax returns of President Joe Biden and Vice President Kamala Harris on Tax Day, a level of transparency that was abandoned throughout Donald Trump’s one-term in office. Joe and wife Jill Biden, who filed jointly, owed $157,414 in federal income tax after reporting an adjusted gross income of $607,336. They paid $162,063, […]
Ja Rule is reportedly facing more money problems. And his longtime foe 50 Cent is clearly amused. Earlier this week, Radar Online reported that the IRS was suing Ja and his wife, Aisha Atkins, over unpaid federal taxes totaling more than $3 million. The IRS has reportedly made many attempts to get the money, which is owed from 2005-2010 […]
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 […]
Donald Trump is pissed. The former president suffered a bitter loss this week when the Supreme Court announced it will allow New York prosecutors to obtain his financial records and private tax returns, which he has fought to keep concealed over the last four-plus years. Monday’s ruling was in response to Trump’s emergency request to block Manhattan District Attorney Cyrus […]
In a bombshell report that dropped Sunday, the New York Times detailed Donald Trump‘s long-evasive tax returns, spanning over two decades. The most damning part of the report reveals that Trump paid only $750 in federal taxes in 2016 and 2017, respectively. Nor did he pay a cent in income taxes in 10 of the last 15 years. The NYT […]
Former Minneapolis police officer Derek Chauvin and his soon-to-be ex-wife Kellie are each facing nine counts of tax crimes, TMZ has learned. These charges are pertaining to their alleged failure to pay state taxes in Minnesota, as well as aiding and abetting the filing of false or fraudulent returns, and failing to file returns. Prosecutors claim both […]
DMX was sentenced to one year in prison in 2018 after he was charged with 14 federal counts of tax fraud, and now he’s in tax-related trouble again. As XXL Magazine reports, the Yonkers rapper has received a tax warrant for $224,845.82 from the State of New York. “That’s a state warrant arising out of the old case,” […]
In Swizz Beatz‘s opinion, the rap stars of today should be paying “taxes” to hip-hop’s founders. Consider them membership dues. He said as much during a conversation with Joe Budden when the two were talking on Beatz’s Zone Radio on Instagram Live, as reported by Page Six. “I want to raise a million dollars for […]
As the coronavirus sweeps through the nation’s correctional facilities, New York City has provided inmates at Rikers with a way to occupy their time. Officials told the New York Daily News on Friday that thousands of inmates were given off-brand handheld gaming devices similar to a Nintendo Game Boy. In March, the city used taxpayers’ dollars […]
Would you trust a Ja Rule-owned company with your W2s? If you answered no, you’re definitely not alone. On Tuesday, the entertainer/entrepreneur took to social media to promote Value Tax—a tax preparation company he now owns: “IT’S TAX SEASON!!! It’s simple, walk in let us do your taxes, walk out with cash in hand,” Rule wrote in a since-deleted […]
