Tag: Tax Strategies
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Advisor to star DJs, models arrested in alleged $100 million tax evasion scam
[ad_1] A European tax advisor to a global set of star DJs and supermodels has been arrested on charges that he created a network of illegal tax shelters to help his clients avoid paying U.S taxes on over $100 million of earnings. Frank Butselaar, 63, of the Netherlands, is accused of setting up a complex…
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What happens if you can’t pay your taxes? IRS has a payment plan — but read this before you sign up.
[ad_1] April is National Financial Literacy Month. To mark the occasion, MarketWatch will publish a series of “Financial Fitness” articles to help readers improve their fiscal health, and offer advice on how to save, invest and spend their money wisely. Read more here.) Tax Day, the April 18 deadline for filing your taxes, has come…
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Worried the IRS will audit you? If you make less than $400K, here’s one reason you can relax
[ad_1] Some clarity is emerging regarding statements from Biden administration officials that no one making less than $400,000 will see higher audit rates from the Internal Revenue Service, which is about to step up its scrutiny of wealthy taxpayers. The Inflation Reduction Act — the tax and climate package enacted last summer — earmarked $80…
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39% of Americans say they’ve skipped meals to make housing payments and why is the tax deadline April 18 this year, instead of April 15
[ad_1] Hi, MarketWatchers. Don’t miss these top stories. When is the tax extension deadline, and how do you file for one? What you need to know if you’re not ready to file your income taxes by April 18. Read More ‘Pull-yourself-up-by-your-bootstraps’ mentality doesn’t work without tackling systemic inequality first, ‘The Black Agenda’ editor says Financial-literacy…