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Income Taxes

All articles tagged with #income taxes

Biden's Daughter Faces Tax Troubles: Owes Thousands in Unpaid Income Taxes

Originally Published 2 years ago — by New York Post

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Source: New York Post

Ashley Biden, the daughter of President Biden, owes approximately $5,000 in income taxes, according to lien documents obtained by The Post. The tax liens were imposed for failing to pay income taxes in 2015 and 2021. Ashley Biden evaded tax payments for both years and was slapped with liens and a filing fee. This comes after her half-brother, Hunter Biden, was indicted on nine counts of tax evasion. The disclosure of the tax lien has raised questions about the Bidens' commitment to paying their fair share of taxes.

"Biden's Daughter Faces Tax Troubles: Thousands Owed, Lien Documents Reveal"

Originally Published 2 years ago — by Yahoo News

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Source: Yahoo News

Ashley Biden, President Biden's daughter, reportedly owes $5,000 in income taxes dating back to 2015, according to tax lien documents obtained by Fox News. The lien, issued by the Pennsylvania Department of Revenue, indicates that the unpaid taxes are a lien on Biden's property. Ashley Biden and her attorney have not responded to requests for comment. Critics argue that this is another example of the Bidens' alleged financial carelessness, despite President Biden's emphasis on wealthy individuals paying their fair share.

"Biden's Daughter Faces Tax Troubles: Thousands Owed, Lien Documents Reveal"

Originally Published 2 years ago — by Fox News

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Source: Fox News

Ashley Biden, President Biden's daughter, reportedly owes $5,000 in income taxes dating back to 2015, according to a tax lien docket obtained by Fox News Digital. The lien, issued by the Pennsylvania Department of Revenue, covers the period when Joe Biden was vice president and ends just before he assumed the presidency. Ashley Biden and her attorney have not responded to requests for comment. Critics argue that this is another example of the Bidens' alleged carelessness regarding taxes, despite Joe Biden's emphasis on wealthy individuals paying their fair share.

Shakira's Last-Minute Deal: Avoiding Prison in Spanish Tax Fraud Case

Originally Published 2 years ago — by The Washington Post

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Source: The Washington Post

Colombian singer Shakira has reached a last-minute settlement with Spanish prosecutors in her tax fraud case, avoiding a trial. She will receive a suspended three-year sentence and pay a fine of 7.3 million euros. Shakira had been accused of failing to pay over 14.5 million euros in income taxes between 2012 and 2014. While she maintains her innocence, she chose to settle to protect her family. However, she will have to pay an additional 432,000 euros and her legal record will reflect a guilty verdict, potentially affecting separate tax evasion charges she still faces.

"Governor Evers' Clever Tax Cut Benefits Wisconsin Residents"

Originally Published 2 years ago — by WEAU

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Source: WEAU

Wisconsin Governor Tony Evers signed a reduced income tax cut into law, resulting in an average decrease of $3 per month for taxpayers. The Democratic governor rejected a larger tax cut proposed by Republicans, arguing that it primarily benefited the wealthy. Under the signed law, households earning between $60,000 and $70,000 annually will receive a $44 tax cut, compared to the $249 cut proposed by Republicans. Republican Assembly Speaker Robin Vos expressed a desire to override the veto, but it is unlikely to happen due to Democratic opposition.

The ongoing saga of Hunter Biden's legal and political troubles.

Originally Published 2 years ago — by Boston Herald

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Source: Boston Herald

Hunter Biden, son of US President Joe Biden, has been called "white trash" by Rep. Marjorie Taylor Greene. Hunter has made millions as a bagman for the "Big Guy" and has been accused of failing to pay income taxes. He is also currently in a legal battle over child support payments to his illegitimate daughter. Despite his wealth, Hunter claims to be broke and is now pursuing a career as an artist. His lawyers claim he doesn't know how much he's making from his art sales due to an agreement with the gallery.

Navigating Income Tax: Tips for Filing and Paying on Time.

Originally Published 2 years ago — by The Wall Street Journal

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Source: The Wall Street Journal

Income taxes are due soon and the top 1% of taxpayers pay the majority of federal income taxes in the US, according to IRS data. The highest tax bracket for individuals is 37%, while the lowest is 10%. Taxpayers who earn more than $1 million annually pay an average federal income tax rate of 24.1%. The IRS expects to receive around 160 million tax returns this year.