#illegal-tax-filing

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#fincen
Law
fromwww.housingwire.com
6 hours ago

FinCEN proposes new AML rule for financial institutions

FinCEN proposed a rule to reform AML/CFT programs, focusing on effectiveness and reducing compliance burdens for financial institutions.
Law
fromwww.housingwire.com
1 week ago

FinCEN's anti-money laundering rule struck down now what?

FinCEN has authority to regulate real estate transactions and enforce reporting requirements under the Bank Secrecy Act.
Law
fromwww.housingwire.com
6 hours ago

FinCEN proposes new AML rule for financial institutions

FinCEN proposed a rule to reform AML/CFT programs, focusing on effectiveness and reducing compliance burdens for financial institutions.
Law
fromwww.housingwire.com
1 week ago

FinCEN's anti-money laundering rule struck down now what?

FinCEN has authority to regulate real estate transactions and enforce reporting requirements under the Bank Secrecy Act.
#irs
Retirement
fromUSA TODAY
2 weeks ago

IRS tax forgiveness requirements: Who qualifies and how it works

The IRS offers various tax relief options, not a single 'tax forgiveness' program, based on individual financial situations.
Retirement
fromUSA TODAY
2 weeks ago

IRS tax forgiveness requirements: Who qualifies and how it works

The IRS offers various tax relief options, not a single 'tax forgiveness' program, based on individual financial situations.
France news
fromwww.thelocal.fr
1 day ago

Frenchman hit with 5m tax bill after takeaway orders betray residency status

Sami Nasri faces a €5 million tax bill after French authorities tracked his residency through Deliveroo deliveries and airline records.
Poker
fromWIRED
1 day ago

Nobody Knows How to File Taxes on Prediction Market Wins

Tax guidance for prediction market profits is unclear, leaving taxpayers uncertain about reporting obligations.
Cryptocurrency
fromnews.bitcoin.com
1 day ago

India Issues Tax Notices to Crypto Traders Over Unreported Activity From Earlier Years

India is intensifying scrutiny of cryptocurrency activity, issuing notices that may reopen past filings and pressure traders to justify discrepancies.
Humor
fromAbove the Law
1 week ago

Don't Write 'April Fools' On Your Tax Return Or Try A Trump-Protest Stunt Because The IRS Won't Be Laughing - Above the Law

Filing incorrect tax returns as a protest is illegal and can lead to serious consequences.
Privacy professionals
fromwww.aljazeera.com
5 days ago

Ten years since Panama Papers: What did they reveal, did anything change?

The Panama Papers leak revealed extensive offshore financial networks used by the global elite, involving over 11.5 million documents from Mossack Fonseca.
fromLos Angeles Times
6 days ago

SoCal hospice owners bilked taxpayers for millions in false claims, federal officials say

Eight individuals were arrested and 15 charged in a scheme to defraud Medicare of over $50 million by running sham hospice facilities across Southern California. Federal officials described the actions as brazen efforts to commit fraud, with many billed patients not being terminally ill.
Healthcare
Retirement
from24/7 Wall St.
1 week ago

3 Ways To Avoid Paying Taxes On Your Social Security Benefits

Social Security benefits may be taxed based on combined income, with low thresholds that haven't adjusted for inflation.
UK politics
fromwww.theguardian.com
6 days ago

Global super-rich may have hidden $3.55tn from tax officials, says Oxfam

$3.55 trillion of global wealth is hidden from tax authorities, primarily owned by the richest 0.1% of households.
Information security
fromSecuritymagazine
1 week ago

Tax Season Means Phishing Season: How Individuals and Businesses Can Protect Themselves

Phishing attacks during tax season have become more sophisticated, leveraging generative AI to impersonate trusted entities like the IRS.
US Elections
fromFast Company
1 week ago

Tax day 2026 new deductions: Filing for 'No tax on tips' and overtime, car loan interest, senior tax breaks could save you thousands

Taxpayers must file 2025 tax returns by April 15, 2026, with new temporary deductions available under Trump's tax bill.
Law
fromwww.thelocal.at
3 weeks ago

The tax deadlines Americans in Austria need to know in 2026

Americans abroad must file taxes in both the US and their country of residence, adhering to specific deadlines.
France news
fromThe Local France
3 days ago

US tax returns, solar panels and helplines: 6 essential articles for life in France

Americans in France must file two tax returns annually, utilize English-speaking helplines, navigate medical access, consider solar panel installation, and learn to express condolences in French.
#tax-filing
#tax-fraud
fromReadWrite
2 months ago
US news

Lakeland tax preparer sentenced for gambling fraud

Jeffrey Dixon was sentenced to 57 months in federal prison, ordered to forfeit $1,093,552.50, and must pay $12,964,382 restitution for filing hundreds of fraudulent tax returns.
fromBoston.com
2 months ago
US news

Former Canton restaurant owner sentenced for failing to report $3.5M to IRS

A former Canton café owner failed to report over $3.5 million in receipts, avoided over $820,000 in taxes, and received prison, restitution, and supervised release.
EU data protection
fromComputerWeekly.com
1 week ago

UK government lacks ambition to fight tax fraud, says PAC | Computer Weekly

The UK's PAC criticizes the government for failing to modernize technology to combat tax fraud and error, costing taxpayers billions annually.
from24/7 Wall St.
1 week ago

The 401(k) Move Executives Make Every December to Shield Their Bonus From Taxes

Most employer 401(k) plans allow mid-year changes to the deferral election percentage. Before the bonus pay period, raise the deferral rate high enough to funnel as much of the bonus as possible into the 401(k), up to the annual limit.
Retirement
fromFortune
2 weeks ago

Americans spend $146 billion and 11.6 billion hours doing their taxes, and most of it is just filling out paperwork | Fortune

These figures reflect what we see every day. Compliance isn't difficult because people are careless—it's difficult because it's fragmented, deadline-driven, and overwhelmingly manual.
Deliverability
US politics
fromThe Nation
2 weeks ago

Have You Paid Your "Intuit Tax"?

Oligarchs manipulate tax preparation systems to impose private taxes, increasing costs for taxpayers and protecting their monopolies.
Real estate
fromIrish Independent
2 weeks ago

Thousands who have yet to pay property tax warned money will be taken from wages

170,000 homes have not filed local property tax returns, prompting Revenue to initiate a non-compliance campaign.
fromEntrepreneur
2 weeks ago
Bootstrapping

How to Slash Your Tax Bill by Changing Your Business Structure

Tax season is an opportunity for entrepreneurs to reassess their business structure for alignment with current goals and future growth.
Intellectual property law
fromArs Technica
2 weeks ago

Intuit beats FTC in court, ending restrictions on "free" TurboTax ads

The 5th Circuit ruled FTC's deceptive advertising claims require adjudication in Article III courts, emphasizing private rights over public rights.
#tax-refunds
US Elections
fromFast Company
1 week ago

Your tax refund could be delayed-and the IRS says you need to act fast

1.4 million Americans may face delays in tax refunds due to the phase-out of paper checks by the federal government.
US Elections
fromFast Company
1 week ago

Your tax refund could be delayed-and the IRS says you need to act fast

1.4 million Americans may face delays in tax refunds due to the phase-out of paper checks by the federal government.
Retirement
from24/7 Wall St.
1 week ago

The 401(k) Loophole Wealthy Savers Are Quietly Using to Shelter Up to $46,000 a Year

The mega backdoor Roth allows significant after-tax contributions to a Roth account, potentially increasing retirement savings substantially.
US politics
fromThe Atlantic
2 weeks ago

The IRS Is in Trouble

The IRS, weakened by budget cuts and staff reductions from over 100,000 to 81,000 employees, faces significant challenges in collecting taxes and processing returns for the 2026 filing season.
fromABC7 San Francisco
3 weeks ago

Taxes 2026: 7 On Your Side, tax experts answer viewer questions

7 On Your Side and a team of tax experts will answer your questions about changes to the tax law, new deductions, deadlines, and much more.
Podcast
Artificial intelligence
fromEntrepreneur
2 weeks ago

If You Plan to Use ChatGPT or Claude to File Your Taxes, Experts Warn 'It Is Definitely Going to Create Issues'

Chatbots frequently make mistakes with tax returns, providing misinformed advice and misreading digits, according to tax experts.
Privacy professionals
fromFast Company
3 weeks ago

This tax season is bringing a 'deluge' of scams. Here's how to protect yourself

Robocalls, texts, and phishing emails from scammers surge during tax season, with AI amplifying fraud attempts and identity theft risks.
Bootstrapping
fromEntrepreneur
3 weeks ago

Think an S-Corp Saves You Money? Think Again

S-corp tax savings require consistent high income, defensible salary optimization, and careful analysis of compliance costs, QBI deductions, and retirement contributions to determine actual benefit.
UK politics
fromBusiness Matters
3 weeks ago

HMRC interest 'double standards' branded unfair as taxpayers face higher charges than rebates

HMRC charges taxpayers 7.75% interest on late payments but pays only 2.75% on refunds, creating a structurally unfair system with no equivalent penalties for HMRC delays.
Retirement
fromABC7 San Francisco
2 weeks ago

Is there really no tax on tips, overtime, and Social Security? Here's what to know

The new tax law offers potential benefits, but many conditions and income thresholds affect actual tax liabilities for seniors and others.
Business intelligence
fromFortune
4 weeks ago

Something big is changing in auditing | Fortune

AI will fundamentally redefine auditing over the next three to five years, with internal audit teams increasingly governing AI models while automation saves up to 40% of audit time.
NYC politics
fromBusiness Insider
1 month ago

Tax Haven, USA: Mapping the tiny tax shelters scattered across America

A New Jersey assemblyman accused someone of attempting to bribe him to kill a bill that would dissolve Teterboro, a tax haven municipality with minimal residents and businesses.
Law
fromBusiness Matters
3 weeks ago

HMRC investigations into big businesses now last nearly three and a half years on average

HMRC tax investigations into UK's largest companies average 41 months to resolve, with over 2,100 active cases affecting roughly half of Britain's largest enterprises.
US politics
fromFuturism
1 month ago

Using AI to Do Your Taxes Is Likely to Backfire Spectacularly

AI chatbots consistently miscalculate taxes by over $2,000 on average and struggle with precise form completion due to the intricate details required in tax filing.
#tax-planning
fromMoneyLion
3 weeks ago
Retirement

Tax Questions Middle-Class Americans Should Ask

Middle-class Americans should actively review income changes, withholding amounts, and pre-tax contributions annually to avoid missed deductions, unexpected tax bills, and lost refunds.
fromSubstack
2 months ago
Retirement

Stop Thinking About Taxes As an April Problem

Treat taxes as year-round automated maintenance: organize documents, do projections, save for payments, make estimated payments, hire a CPA, and file extensions strategically.
Retirement
fromMoneyLion
3 weeks ago

Tax Questions Middle-Class Americans Should Ask

Middle-class Americans should actively review income changes, withholding amounts, and pre-tax contributions annually to avoid missed deductions, unexpected tax bills, and lost refunds.
Information security
fromZDNET
1 month ago

The average tax scam victim loses $1,020 - and they're younger than you'd think

Tax scams are increasingly sophisticated and widespread, with 82% of Americans concerned about tax fraud, 23% having fallen victim, and average losses reaching $1,020.
fromEntrepreneur
1 month ago

He Ruined His Career for $46,000 - Then Became an FBI Informant for the Biggest Insider Trading Sting in History

His boss shut the door and said they now needed "shorter-term opportunities to make money every month or we may not survive," which Tom now sees as the moment the scoreboard reset from three years to 30 days. "It was a very ambiguous message," he says, adding that he never asked, "Are we talking about what everybody else is doing or are we going to stay within the legal or ethical guardrail?"
Growth hacking
US news
fromBoston.com
1 month ago

Woburn man charged with evading $1.2 million in income tax

A Woburn man was indicted for underreporting over $20 million in business income and evading $1.2 million in personal income taxes through his janitorial company between 2018 and 2023.
fromwww.npr.org
3 weeks ago

Helpful or harmful? How to vet tax advice from social media

The person that does get audited does not just get slapped on the hand. You could end up paying penalties and interest in addition to what you owe. In extreme cases, you could also be prosecuted. This tax season, take the time to vet any tax advice you're considering.
Law
Law
fromFast Company
3 weeks ago

The IRS may owe you money from the pandemic years - but you have to claim it

A federal court ruling may entitle taxpayers to refunds for penalties or interest incorrectly charged by the IRS between January 20, 2020 and July 11, 2023 during the Covid pandemic emergency period.
#irs-data-breach
fromFortune
1 month ago
US politics

IRS chief reveals nobody was fired for illegally sharing data with ICE 'approximately 42,695 times' | Fortune

US politics
fromFortune
1 month ago

IRS chief reveals nobody was fired for illegally sharing data with ICE 'approximately 42,695 times' | Fortune

IRS CEO Frank Bisignano declined to answer congressional questions about unlawful taxpayer data disclosures to immigration enforcement, citing ongoing litigation and stating no employees were disciplined.
Retirement
from24/7 Wall St.
1 month ago

Filing Your Taxes? Here's The Truth About Changes to Social Security Tax Changes

Social Security benefit taxation rules remain unchanged despite claims of tax relief; provisional income thresholds still determine taxability of benefits in 2026.
Privacy professionals
fromwww.aljazeera.com
1 month ago

US tax agency broke privacy law approximately 42,695 times', judge says

A federal judge ruled the IRS violated tax confidentiality law by disclosing taxpayer information to Immigration and Customs Enforcement approximately 42,695 times without proper authorization.
Business
fromEntrepreneur
1 month ago

4 Audit Triggers To Avoid For Entrepreneurs and High Income Individuals

High-income taxpayers who file Schedule C or claim aggressive deductions face heightened IRS audit risk and must maintain accurate, consistent records to reduce exposure.
US politics
fromFortune
1 month ago

The IRS turned over confidential taxpayer info to ICE 'approximately 42,695 times.' That was illegal, judge says | Fortune

A federal judge ruled the IRS violated federal law by disclosing confidential taxpayer information approximately 42,695 times to Immigration and Customs Enforcement without proper authorization.
#taxes
Miscellaneous
fromIndependent
2 months ago

Revenue told Government not to tell public about lucrative tax loophole

A tax loophole enabling wealthy individuals to transfer valuable life assurance policies tax-free was quietly closed during last year's budget.
Real estate
fromBusiness Insider
1 month ago

How high-earners are using real estate and a little-known rule to slash their tax bills

A spouse who qualifies as a real estate professional can convert rental losses into active losses that offset W-2 income, substantially lowering high earners' taxes.
fromBusiness Insider
2 months ago

Tax season is about to begin. Here's what you need to file taxes and avoid missing a deadline.

It's that time of year again. Tax season is about to begin, and most Americans need to complete their 2025 filings by Wednesday, April 15. To avoid missing a deadline or paying a penalty, plan to check your local tax dates and income paperwork as soon as possible. Here's everything you need to know about taxes in the new year.
Business
US politics
from24/7 Wall St.
1 month ago

3 Top IRS Tips to Consider for a Prosperous Tax Return Season

The 2026 tax season offers new deductions for tips, overtime, and car loan interest, with average refunds up 14% from 2025, requiring organized record-keeping to maximize eligible tax benefits.
#self-assessment
US news
fromwww.npr.org
2 months ago

Treasury cancels Booz Allen contracts over leaks about wealthy taxpayers

Treasury canceled 31 Booz Allen contracts totaling $21 million after a contractor leaked confidential IRS taxpayer data exposing wealthy taxpayers' tax-minimization strategies.
US politics
fromwww.mediaite.com
1 month ago

Judge Rules IRS Broke The Law Approximately 42,695' Times By Giving ICE Data

A federal judge ruled the IRS violated federal law approximately 42,695 times by disclosing confidential taxpayer addresses to ICE without proper verification that requests met legal requirements.
Business
from24/7 Wall St.
2 months ago

High Earners Who Pay 37% to the IRS Actually Have an Easy Workaround Now | PZA

PZA provides federally tax-exempt, AMT-free municipal-bond income (about 3.9% yield) that preserves after-tax yield for high-bracket investors versus taxable bonds.
#home-office-deduction
fromMoneyMade
2 months ago
Business

For years, my Dad told me I couldn't claim my home-office as a tax deduction. Now my accountant tells me I can. Who's right?

fromAol
1 month ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

fromMoneyMade
2 months ago
Business

For years, my Dad told me I couldn't claim my home-office as a tax deduction. Now my accountant tells me I can. Who's right?

fromAol
1 month ago
Business

This Potentially Lucrative Tax Break May Be Off the Table for You This Year

Information security
fromZDNET
2 months ago

This IRS text message scam keeps fooling people - 3 ways security experts avoid it

Messages claiming a tax refund are scams; do not provide bank account or Social Security numbers, report the message, then delete it.
fromKqed
1 month ago

File Your Taxes With an ITIN? What We Know Right Now About the IRS-ICE Data Agreement | KQED

Millions nationwide have begun the process of filing their yearly taxes - including many immigrants without a permanent immigration status. But since President Donald Trump's return to the White House, his administration has sought access to IRS data - including taxpayers' addresses - to further its immigration crackdown and locate undocumented immigrants. And last April, ICE and its parent agency, the Department of Homeland Security, secured a data-sharing agreement with the IRS, alarming many taxpayers who use ITINs to file.
US politics
fromFast Company
2 months ago

IRS announces little-known trick to get your 2026 tax returns accepted early

A new year brings a new tax filing season. With many cash-strapped Americans worried about their finances, many can't wait to file their returns. The sooner you file, the sooner your chances of getting your refund, after all. But just when can you begin submitting your tax return to the Internal Revenue Service (IRS)? That depends. Here's what you need to know about the 2026 tax filing season.
US politics
US politics
fromABC7 New York
2 months ago

IRS now accepting 2025 federal income tax returns. Americans can start filing for their refunds

Taxpayers must file 2025 federal income tax returns by April 15 or request a six-month extension; refunds are fastest via e-file and direct deposit.
fromZDNET
2 months ago

How to file your taxes for free in 2026 - 4 ways to do it (despite Direct File's demise)

Tax filing season officially begins on Monday, January 26. If you missed the news last year, the IRS has ended its Direct File Service. My home state joined the program in 2025, and while it wasn't the only free option for filing taxes, I can attest it was absolutely the easiest -- especially if your tax situation goes beyond basic W-2 forms. (I was surprised to learn that fewer than 300,000 people used the service last year.)
US politics
US politics
fromwww.mercurynews.com
2 months ago

How to use IRS Free File, and other ways to file your 2026 taxes free online

Direct File discontinued; taxpayers can still file free via Free File (income limits), Free File Fillable, MilTax, CalFile, IRS volunteer programs or paper forms.
fromwww.twincities.com
2 months ago

IRS head announces a shake-up on the eve of the 2026 tax season

Days before the 2026 tax filing season begins, the head of the IRS announced a shake-up Tuesday, saying the personnel and operational changes are intended to improve taxpayer service and modernize the agency. The timing of the announcement coincides with a critical moment for the agency, as the IRS prepares to process millions of tax returns while simultaneously implementing major tax law changes under the tax and spending package President Donald Trump signed into law last summer.
US politics
#trump-lawsuit
fromFortune
2 months ago
US politics

Trump sues IRS and Treasury Department for $10 billion over tax leak showing he didn't pay taxes for years | Fortune

fromFortune
2 months ago
US politics

Trump sues IRS and Treasury Department for $10 billion over tax leak showing he didn't pay taxes for years | Fortune

US politics
fromNextgov.com
1 month ago

Senators demand to know the IRS' path forward following the end of Direct File

Senators Warren and King are investigating the Trump administration's ending of IRS Direct File and the return to Free File reliance on private tax-prep companies.
US politics
fromFast Company
1 month ago

Cut your 2025 tax bill with these 4 smart moves

OBBBA creates temporary tax breaks through 2028–2029, raises SALT cap to $40,000 (2025–2029), and adds limited above-the-line deductions with strict income phaseouts.
#irs-staffing
fromNextgov.com
2 months ago
US politics

'Setting this agency up for failure': Amid staffing crunch, IRS taps employees with no relevant experience to assist during filing season

fromNextgov.com
2 months ago
US politics

'Setting this agency up for failure': Amid staffing crunch, IRS taps employees with no relevant experience to assist during filing season

US politics
from24/7 Wall St.
2 months ago

Most Americans Think the Rich Don't Pay Taxes; The Numbers Tell a More Uncomfortable Story

Tax fairness is contested: sales taxes apply equally, while income taxes (progressive versus flat) provoke debate and actual tax burdens differ across wealth levels.
US politics
fromFast Company
2 months ago

IRS will accept 2025 tax returns starting Jan. 26

IRS begins accepting 2025 returns Jan. 26 but faces major workforce losses and retroactive tax-law changes that could disrupt the filing season before April 15.
US politics
fromNextgov.com
2 months ago

Bill to improve government's anti-fraud checks heads to Trump's desk

Congress permanently granted Do Not Pay access to Social Security death records to stop payments to deceased individuals and reduce improper government payments.
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