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Category: Taxation

U.S. attorney general denies allegations that Hunter Biden tax probe was stymied

Posted on October 15, 2023 by Thomas Powell

WASHINGTON, June 23 (Reuters) – U.S. Attorney General Merrick Garland on Friday denied allegations by an Internal Revenue Service whistleblower, who said the high-ranking federal prosecutor tasked with investigating President Joe Biden’s son Hunter was hindered by the Justice Department from pursuing more aggressive criminal tax charges. Speaking publicly for the first time since Hunter…

‘No indication’ Hunter Biden tax charges will be dropped after indictment, says …

Posted on October 14, 2023 by Thomas Powell

IE 11 is not supported. For an optimal experience visit our site on another browser. UP NEXT Family of missing Americans in Israel detail their talk with Biden 05:44 Full Panel: Biden’s speech on Israel was ‘one of his best moments’ 07:47 Rep. Jim Jordan wins Republican speaker nomination 03:57 Full Panel: Trump praising Hezbollah…

Montana Supreme Court sides with attorney general in property tax ballot initiat…

Posted on October 13, 2023 by Thomas Powell

The Montana Supreme Court has said that Montana Attorney General Austin Knudsen was correct in striking down a proposed ballot initiative that would have capped property taxes because it violated the state constitution. In an unanimous opinion authored by Justice Jim Rice, the 17-page ruling said that ballot initiative, proposed by attorney and former Republican…

Hunter Biden’s lawyers argue plea deal on gun charge remains valid

Posted on October 12, 2023 by Thomas Powell

WASHINGTON (AP) — Attorneys for Hunter Biden are pushing to keep part of a plea deal they reached with the prosecutor whose new status as special counsel intensified the tax investigation into the president’s son ahead of the 2024 election. Biden’s attorney argued in court documents late Sunday that an agreement sparing him prosecution on…

Trump Organization found guilty of tax fraud scheme

Posted on October 11, 2023 by Thomas Powell

Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan District Attorney, a significant repudiation of financial practices at the former U.S. president’s business. A jury found two corporate entities at the Trump Organization guilty on all 17 counts, including conspiracy charges and falsifying business records. The guilty…

Hunter Biden plea deal on hold: What you missed

Posted on October 9, 2023 by Thomas Powell

The two counts of tax evasion are for 2017 and 2018, when Hunter Biden earned more than $1.5 million each year. A gun charge, which is being handled through a pretrial diversion program likely resulting in no jail time, is being handled in a separate case. Republicans criticized the investigation as a ‘slap on the…

Hunter Biden reaches deal to plead guilty in tax, gun case

Posted on October 8, 2023 by Thomas Powell

Comment on this storyComment President Biden’s son Hunter has reached a tentative agreement with federal prosecutors to plead guilty to two minor tax crimes and admit to the facts of a gun charge under terms that would probably keep him out of jail, according to court papers filed Tuesday. Any proposed plea deal would have…

Healey signs roughly $1B tax relief package into law

Posted on October 7, 2023 by Thomas Powell

Twenty months elapsed between Republican Gov. Charlie Baker using his final State of the Commonwealth address in January 2022 to ignite debate about slashing taxes and the final enactment of a roughly $1 billion package. So what was the turning point that helped lawmakers overcome all the bumps and disagreements they had hit along the way? One…

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