News

President Donald Trump’s tariffs have been highly disruptive, but at least America’s economy does not depend heavily on trade ...
The Obama administration plans to raise revenue in part by cracking down on companies that classify employees as independent contractors and arrange for dubious foreign tax credits. The administration ...
the IRS ensures that it receives the taxes owed. The IRS requires businesses to issue Form 1099-MISCs to most non-corporate independent contractors or service providers – foreign or domestic ...
The Internal Revenue Service issued final regulations Wednesday for a 2 percent tax on payments from the U.S. government to foreign contractors. The final regulations relate to section 5000C of the ...
From 2015 to 2020, Edelman continued the deceit by filing false tax returns, asserting that his only income came from ...
Former U.S. defense contractor Douglas ... allegedly filed false tax returns claiming that his only income was as a consultant and that he had no interests in any foreign businesses.
Government plans to remove all tax waivers given to foreign contractors undertaking government projects are welcome. However, the tax reliefs should have been introduced years back, when the ...
Douglas Edelman, one of the U.S.’s largest known tax evaders, pleaded guilty Wednesday ... and the Middle East by stashing them in foreign bank accounts and investments, prosecutors had alleged.
The Trump administration’s halt on foreign aid is starting to hollow out international development groups and private federal contractors that carry out aid missions abroad — and threatens to ...
A former IRS contractor who leaked former President Donald Trump’s tax records to the New York Times was sentenced to five years behind bars Monday. Charles Littlejohn, 38, who was also behind ...