Warren Buffett predicts feds will raise taxes to get massive fiscal deficit under control
Warren Buffett predicted that the federal government would raise taxes to rein in US deficit spending. “I think there’s a good chance of a tax increase,” the billionaire investor said Saturday at Berkshire Hathaway’s annual shareholder meeting in Omaha. “They may decide at some point that they don’t want the budget deficit to be this […]
Buffett predicts higher taxes due to rising deficit
Treasury Secretary Janet Yellen talks about the Biden budget, the US dollar, and FinCEN in an exclusive interview with FOX Business. billionaire warren buffett Rather than cutting spending, the federal government believes it will increase taxes in the future to address the growing budget deficit. “I think a tax increase is likely,” Buffett said Saturday. […]
Steve-O leaves California for Tennessee, celebrates no taxes
Stuntman and “Jackass” star Steve-O is leaving the Hollywood hills after more than a decade, opting for more land and less taxes in Tennessee. The former TV star turned stand-up comedian moved his family, animals, and even his skateboard to his new, expansive property and adopted them to a ranch in the South, where he […]
Bill Romanowski Declares Bankruptcy, Allegedly Owes The IRS $15.5 Million In Unpaid Taxes: REPORT
Taxes … they’re something that can break a man. Example A: NFL legend Bill Romanowski filed for bankruptcy Monday and allegedly owes the IRS a whopping $15.5 million in back taxes, according to court records obtained by USA Today. Romanowski and his wife, Julie, are reportedly being hit with accusations from the federal government that […]
Stop letting chaos-enabling Columbia and NYU off the hook for property taxes
Questions arise as police in riot gear clash with anti-Israel student demonstrators who are causing mayhem and destroying property on campuses across the city. Do Columbia University and New York University deserve a property tax exemption? Thanks to a centuries-old law that exempts universities and other nonprofit organizations from paying property taxes, the universities collectively […]
‘Bitcoin Jesus’ Allegedly Evaded Nearly $50 Million In Taxes, Feds Say
Roger Ver, known by his moniker “Bitcoin Jesus,” was arrested in Spain after allegedly engaging in tax evasion, mail fraud, and filing false tax returns, the Department of Justice (DOJ) announced Wednesday. Ver allegedly cheated the Internal Revenue Service (IRS) of at least $48 million by undervaluing his companies and falsely stating that he did […]
‘Bitcoin Jesus’ Roger Ver cheated US out of $48M in taxes
An American-born cryptocurrency investor known as “Bitcoin Jesus” has been indicted on charges of defrauding Uncle Sam of $48 million in taxes, the Justice Department announced. Roger Ver, a billionaire Bitcoin investor from California who renounced his US citizenship in 2014 and became a citizen of Saint Kitts and Nevis, was arrested in Spain over […]
Advice | Ask Amy: Boyfriend's CPA dad did my taxes wrong for years – The Washington Post
Dear Amy: My boyfriend’s father is a certified public accountant with decades of experience. A few years ago, he offered me to pay his taxes due to sudden complications due to inheritance. I was using cheap software for very basic filing. Since taking over my annual filing duties, he has consistently made mistakes that have […]
Former Moody’s executive admits he didn’t file taxes on $54M in income – NJ.com
A Morris County resident and former Moody’s senior vice president and in-house general counsel pleaded guilty Thursday to failing to file personal income taxes for four years, U.S. Attorney Philip R. Selinger announced Friday. John Goggins, 63, of Chatham, pleaded guilty to failing to file personal tax returns from 2018 to 2021. During this period, […]
Billionaire Mark Cuban dodges question asking if he pays his ‘fair share” of taxes: ‘I pay what I owe’
Billionaire Mark Cuban said he was “proud” of paying hundreds of millions in taxes to the IRS in a mocking X post ahead of Tax Day. The Dallas Mavericks owner made the statement Sunday amid a back-and-forth discussion with Outkick writer Ian Miller after Cuban criticized former President Trump’s tax cuts. . “Mark, I’m not […]