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How the IRS went soft on billionaires and corporate tax cheats - ICIJ

M ichael Welu worked at the IRS for decades as a specialist in helping agents identify and investigate possible tax crimes. In an agency known for offices working in their own silos, Welu had the rare ability to move between divisions, dissecting and learning each office’s particular customs and procedures. But that experience had its own consequence for Welu: Seeing disparities in how the separate divisions treated different tiers of taxpayers left him exasperated and helped drive him into early retirement. ...

How to Report a Tax Evader

Key Takeaways When reporting a tax cheat, you will need to provide the IRS with specific information, such as the type of violation and whether there are records of it. The evasion must be...

IRS keeps dozens of intentional tax cheats on payroll

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Canada Revenue Agency gets more teeth to catch potential tax cheats | CBC News

The federal government is cracking down on potential tax cheats by introducing new measures to track cryptocurrency transactions and giving the Canada Revenue Agency more teeth to penalize taxpayer...

Global Digital Reporting Requirements Cheatsheet - Fonoa

As digital reporting regulations rapidly evolve across the globe, staying compliant is more complex than ever. Our Comprehensive Global Digital Reporting Requirements Cheatsheet breaks down current and upcoming mandates in key markets, including Europe, APAC, the Americas, the Middle East, and Africa. What’s inside: Download this cheatsheet to ensure your business remains compliant and navigates the global shift towards digital tax reporting with confidence.

SOCIALISM OR YOUR MONEY BACK: The Tax Cheats

The Tax Cheats ; A report by Fair Tax Foundation singled out Amazon, Facebook, Google’s owner, Alphabet, Netflix, Apple and Microsoft said they paid $96bn less in tax between 2011 and 2020 than the notional taxation figures they cite in their annual financial reports. The six firms named handed over $149bn less to global tax authorities than would be expected if they had the paid headline rates where they operated. Overall, they paid $219bn in income tax over the past decade, 3.6% of their total revenue of more than $6tn. Income tax is paid o ...

Biden proposes doubling IRS workforce as part of plan to snag tax cheats

down tax cheats. The hiring spree, part of a bid to increase IRS funding by $80 billion... income reporting requirement proposals. The two sides are now exploring whether they might be able...

The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats sh

After Congress approved billions of extra funding for tax compliance, the Internal Revenue... New audit statistics hint that the tax collector is indeed combing through more tax returns...

Crypto Exchanges to Report Customer Data Under Treasury Proposal - Bloomberg

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IRS cheated out of tens of billions of dollars by high-income non-filers, report finds

filing tax returns or paying their obligations. In a report from the Treasury Inspector General for Tax Administration... estimated tax due of $45.7 billion, who did not satisfy filing...

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