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Ignore Musk’s And Trump’s Wild Claims. Here’s How Federal Officials Really Get Rich.
As Forbes has tracked for years, there are plenty of perfectly legal ways for senior government officials to become quite rich despite their government salaries.
IRS Special Agent Was Shocked A Woman Would Fake Having Cancer—But She Did
For years, Amanda Riley faked having cancer. But law enforcement, including IRS Criminal Investigation, helped put a stop to the fraud.
Tax Filing Season Statistics Still Point To Sluggish Start
Early filing data reflects a nearly 8% downturn in tax returns received compared to the prior year. That’s on top of a 14% dip last week.
As Feds Slow Roll On Cannabis Rescheduling, Senators Try To Stop Potential Tax Breaks
While still prohibited by federal law, most states and D.C. have legalized cannabis for medical or recreational use (or both). A move to reschedule the drug is on hold.
If IRS Sends Its Agents To The Border, Here’s The Work That Won’t Get Done
The Department of Homeland Security has asked Treasury Secretary Scott Bessent to deputize IRS agents to help with efforts to crack down on immigration.
House Passes Bill To Delay Beneficial Ownership Information (BOI) Reporting Deadline
A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting requirements is making its way through Congress.
Charlie Javice Faces Court Showdown Over Alleged $175 Million JP Morgan Fraud
The bank, which bought fintech startup Frank in 2021, claims its founder invented millions of customers to close the deal. Now she stands trial on federal fraud charges.
How A Fintech Saved Itself By Targeting Buy-Now, Pay-Later Addicts
Facing extinction, Sezzle chopped costs and hit on a strategy for making money from the heaviest users. The stock market noticed.
The Eagles Are Super Bowl Champions. Here’s How Their Owner Made His $5.3 Billion Fortune.
Jeffrey Lurie mortgaged his family fortune to buy a struggling team in 1994. Now, Philadelphia is one of the NFL’s most valuable franchises and a two-time Super Bowl champion.
As Tax Filing Season Kicks Off, Early Data Suggests A Slow Start
Early filing data suggests a slow start to the filing season, with a nearly 14% downturn in tax returns received compared to the prior year—luckily, tax refunds are up.