Firms jostle to sell alternative assets to wealthy investors – Financial Times

The race is on to sell unlisted assets to wealthy private investors. Leading custody bank BNY on Monday announced plans for a platform that will make it easier for financial advisers to buy and manage investments across a range of well-known private equity, private debt and infrastructure companies for their clients. This follows three highly […]
As the IRS targets wealthy Americans for audits, here are red flags for everyday filers – CNBC

Photo: Rafa Elias | Moment | Getty Images The I.R.S. Still in the works The plan would avoid increased audits for taxpayers making less than $400,000, but experts say certain details on tax returns could draw scrutiny regardless of income level. Last week, the Treasury Department's Office of the Inspector General for Taxation (TIGTA) announced […]
IRS collects over $1 billion in back taxes from wealthy dodgers – New York Post

Wealthy tax evaders, beware! The Internal Revenue Service's efforts to collect overdue taxes from the wealthy $1.3 billion Unpaid taxes from people with incomes over $1 million and recognized tax liabilities over $250,000. A sign outside the IRS headquarters in Washington, DC AP Treasury Secretary Janet Yellen and IRS Commissioner Danny Wuerfel announced the latest […]
Reese Witherspoon seen with new mystery man: what to know about wealthy NHL investor

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WATCH: IRS has recovered $1.3 billion in unpaid taxes from wealthy tax dodgers, Yellen says – PBS NewsHour

WASHINGTON (AP) — The IRS has collected $1.3 billion from wealthy tax evaders since last fall, the agency announced Friday, thanks to spending that has boosted collection enforcement through President Joe Biden's signature climate, health care and tax package signed into law for 2022. Treasury Secretary Janet Yellen and IRS Commissioner Danny Wuerfel traveled to […]
Wealthy are purchasing doomsday ‘luxury bomb shelters’ amid social unrest, says founder

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Wealthy Malibu residents sneakily erecting fake signs to ward off the public: ‘This is a scam’

Wealthy Malibu beachfront property owners appear to be using a sneaky tactic to keep vulgar people away: posting publicly visible “Private Property” signs that warn “Trespassers will be prosecuted.” The issue first came to light when a man photographing the sign was confronted by an angry landowner. now-Viral TikTok Clips. In the video, the landowner […]
Massachusetts police clued in to wealthy family’s mansion murders with three sheets of paper and chilling note
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Grandmother kills college track coach in murder-suicide in wealthy New York neighborhood: police
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Wealthy industry donors fuel Trump’s conversion on cryptocurrency – The Washington Post

During his time in office, Donald Trump called cryptocurrency a “scam” and a “desperate disaster.” President Trump struck a different tone in the official Republican platform he compiled last week. “Republicans will end the Democrats’ illegal and un-American crackdown on cryptocurrency and oppose the creation of a central bank digital currency,” the platform, which is […]