House GOP proposes IRS funding cuts, defunding free tax filing system
House Republican appropriators are proposing to cut funding to the IRS and eliminate a free online tax filing system that the Treasury Department recently made permanent and promised to expand to other states. The House Appropriations Committee’s latest Financial Services and General Government (FSGG) bill “[prohibit] Funds used by the IRS to develop government-run tax […]
Mohamed Hadid claims he’s the ‘victim’ in bitter feud with lender after filing fifth bankruptcy
Cash-strapped real estate developer Mohamed Hadid Celebrity Jonathan Hadid, father of supermodels Gigi Hadid and Bella Hadid, claims he is the “victim” of unscrupulous lenders after filing for bankruptcy over a prized California property, The Washington Post has learned. Hadid, who made a cameo appearance on “The Real Housewives of Beverly Hills” with her ex-wife […]
IRS makes free online filing program permanent
Treasury Secretary Janet Yellen announced Thursday that the free online tax filing program the IRS piloted this year will be made permanent and expanded in scope. The online platform, called “Direct File,” will integrate with state tax systems and process a limited number of deductions that it plans to expand further, Treasury Secretary Janet Yellen […]
Former Red Lobster execs describe ‘miserable’ work environment, Thai company’s overhaul before bankruptcy filing
Former executives and senior managers at Red Lobster have described “devastating” work conditions in a new report after a major Thai seafood company took control, leading to the company’s sudden collapse. The Orlando, Florida-based chain filed for Chapter 11 bankruptcy protection on May 19 after abruptly closing nearly 100 stores last week. The filing comes […]
Red Lobster not going out of business despite filing for bankruptcy
Check out what’s being clicked on FoxBusiness.com Red Lobster sought to reassure customers that filing for Chapter 11 bankruptcy would not mean it would go out of business. The company issued a statement Tuesday acknowledging its current financial difficulties and stressing that its legal restructuring will allow it to strengthen its remaining restaurant locations. “Bankruptcy […]
My case has taken a new turn — and we’re filing an appeal
My federal criminal case was already under the First Amendment when the Department of Justice decided in March to indict me on four misdemeanor charges stemming from my reporting at the U.S. Capitol on January 6, 2021. was affecting. The case could also put two fundamental rights at risk: the right to self. – Right […]
Top hedge fund boosted GameStop, AMC stakes before ‘Roaring Kitty’ meme stock rally: filing
One of the world’s largest hedge funds bought a significant stake in GameStop just weeks before the stock price soared 400% in the latest “meme stock” rally, a regulatory filing revealed on Wednesday. This was revealed in the documents. Renaissance Technologies, a quantitative firm founded by legendary investor Jim Simmons, who passed away last week, […]
Rory McIlroy comments on divorce filing from wife Erica Stoll
Rory McIlroy’s camp has issued a statement regarding the surprising divorce filing from his wife Erica Stoll. his communication team This was confirmed to the Irish Independent on Tuesday. He reportedly filed for divorce from his wife of seven years in a Florida court. Erica Stoll (left) and Rory McIlroy (right), September 2023. Getty Images […]
Scott Peterson prosecutors lay out ‘overwhelming evidence’ against killer’s new appeal in 337-page filing
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Teen Caught On Cam Allegedly Shooting Up Neighborhood Gets Released From Custody, Appeal Filing Says: REPORT
18-Year-Old Armonte Moody was released from police custody Friday after allegedly shooting up a D.C. neighborhood in April, according to an appeal WJLA obtained. Police responded to calls reporting gunfire at Independence Avenue’s 1700 block April 22 at approximately 2:20 in the morning, WJLA reported. Doorbell camera footage exclusively obtained by WJLA appears to show […]