Yellen Says Debt Deal’s $21 Billion IRS Clawback Won’t Affect ‘Near-Term’ Plans
Synopsis by Bloomberg Jun 08 23
Treasury Secretary Janet Yellen said Congress’ clawback of more than a quarter ...Read full article 
Bloomberg: Yellen Says Debt Deal’s $21 Billion IRS Clawback Won’t Affect ‘Near-Term’ Plans
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| Last Updated | Jun 08 23 |
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How investment firms shield the ultrawealthy from the IRS - ICIJ: An ICIJ investigation examining hundreds of leaked tax forms offers a glimpse into the huge ...
icij.org/inside-icij/2024/04/how-investment-firms-shield-the-ultra-wealthy-from-the-irs/
Quick Glance: How Investment Firms Shield the Ultrawealthy from Tax Authorities
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- With a significant infusion of funding, the IRS is now making efforts to penetrate these opaque bastions of wealth. An investigation by ICIJ sheds light on the challenges faced by the tax authority in untangling the secretive structures of the ultrawealthy.
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How investment firms shield the ultrawealthy from the IRS - ICIJ: An ICIJ investigation examining hundreds of leaked tax forms offers a glimpse into the huge ...
icij.org/inside-icij/2024/04/how-investment-firms-shield-the-ultra-wealthy-from-the-irs/
Quick Glance: How Investment Firms Shield the Ultrawealthy from the IRS
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- Experts emphasize the need for professionals and transparency in the IRS.
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Quick Glance: Yellen warns of further sanctions in response to Iran's increasing activities
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U.S. to hit Iran with fresh sanctions after Israel attack: It's a subtle message to Israel that there's more than one way to harm Tehran.
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Quick Glance: US imposes new sanctions on Iran's drone program
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Yellen Threatens Sanctions for China Banks That Aid Russia’s War: US Treasury Secretary Janet Yellen wrapped up four days of talks in China with a warning to the ...
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Zelenskyy says Ukraine can't win without US support: Ukrainian President Volodymyr Zelenskyy has said that if the US Congress fails to vote on military aid for ...
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- Russia launched three Iskander cruise missiles at the city, located near the Russian border and previously encircled by Russian troops.
- Ukraine currently has three Patriot air defense systems but requires 26 for full coverage. Following appeals for more systems, Germany pledged to send an additional one.
- A $60 billion aid package for Ukraine is stalled in the US Congress, allowing Russia to exploit ammunition and air defense shortages and gain ground in the east.
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Biden urges Congress to pass Ukraine aid bill as Kyiv warns its defeat against Russia would lead to WW3
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Tax season so far: Increasing the pace: The number of individual income tax returns received rose by more than 17.5% in just one week ...
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Quick Glance: Deadline Approaching for 2020 Tax Refund Claims, IRS Warns
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- Individuals who did not file a tax return in 2020 may still be eligible to claim Economic Impact Payments linked to coronavirus relief through the Recovery Rebate Credit.
- The Earned Income Tax Credits for low- and moderate-income workers may also have gone unclaimed.
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Senator Warren slams Intuit's 'junk fees' as America's Tax Day rolls around again
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New IRS Direct File Program Lets You File Taxes for Free: Find Out if You Qualify
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Quick Glance: Ukraine ‘will lose the war’ without US aid, Zelensky warns
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- Ukraine urgently calls for the US to send a $60 billion aid package blocked by Republicans in Congress.
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Opinion | Republicans Are Fleeing the Stench of a Rotten Congress: The great 2024 exodus is all about Trump-era discord and dysfunction.
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Johnson outlines specific foreign aid plan as it hangs by thread: The speaker will almost certainly need Democratic votes just to get the package to the floor ...
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Ukraine will be outgunned by Russia 10 to 1 in weeks without U.S. help, top Europe general says
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Would America dare to bring down a Chinese bank?: Janet Yellen promises sanctions for those supporting Vladimir Putin’s war
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Bill Barr blasts Trump for call to kill FISA: ‘Crazy and reckless’: Former Attorney General Bill Barr on Wednesday denounced former President Trump’s exhortation ...
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Biden dares the courts to block his election-year executive actions: "[I]f I get shut down by the court, I get shut down by the court."
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Justice Department won’t give Republicans audio tapes of Biden’s interview with special counsel
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Quick Glance: Justice Dept. refuses to provide Biden-Hur audio recordings to House committee
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- The decision was made as lawmakers already possess transcripts of the interviews, indicating that the request may be more about politics than seeking genuine information.
- Special counsel Hur found evidence that Biden retained classified government materials after leaving the vice presidency, but concluded that there was insufficient proof to pursue criminal charges.
- Republican lawmakers have threatened to hold the Attorney General in contempt if the recordings are not handed over, raising concerns about potential implications on future investigations.
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Quick Glance: Zelensky Condemns Iranian Attack on Israel, Calls for International Support
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- Israel reported an attack with 170 drones, 30 cruise missiles, and 120 ballistic missiles, with the majority being intercepted.
- Zelensky emphasized the similarity between attacks in Ukraine and Israel, stressing the need for international unity against terrorism.
- US Congressmen are considering whether to combine or separate aid for Israel and Ukraine in a pending bill, with funding decisions still pending.
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Johnson makes his long-awaited move on Ukraine as House plans to vote on separate aid packages
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Japanese Prime Minister Fumio Kishida addresses joint session of Congress: Watch live
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Quick Glance: Kishida Warns of Global Risks in US Congress
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- Despite support for Kishida's remarks championing a free and open Indo-Pacific, some conservative Republicans remained seated during his call for support for Ukraine's fight against Russia.
- Kishida and President Joe Biden unveiled a list of initiatives to deepen their military cooperation and jointly condemned China's 'dangerous and escalatory' actions in the region.
Supreme Court to weigh if Jan. 6 rioters can be charged with obstruction: The justices on Tuesday will hear argument on whether prosecutors improperly stretched ...
washingtonpost.com/politics/2024/04/13/supreme-court-jan-6-obstruction/
Five things to know as the tax deadline looms: April 15th, the deadline to file your income taxes, is just around the corner. Filings so far this year are on ...
npr.org/2024/04/11/1242535266/taxes-irs-filing-money
Quick Glance: Gender Pay Gap in UK Supermarkets and Income Impact
- UK supermarkets are closing gender pay gap, with Morrisons experiencing a rise.
- Ocado and Lidl show the most improvements, while Morrisons has the largest gap.
- Hourly pay differences are reported by government service.
- Equality initiatives and workplace improvements at M&S and Co-op.
Fighting for voting rights, making 'good trouble' in John Lewis' name, now a partisan issue
usatoday.com/story/news/politics/2024/04/15/john-lewis-voting-right-act-fight-still-on/73279763007/
George Santos Owes His Favorite Restaurant $10,000—and Way More Elsewhere. He Told Me It’s Fine!
slate.com/news-and-politics/2024/04/santos-debt-long-island-avlon-goroff-congress-il-bacco-marjorie-taylor-greene.html
TaxAct 2024 (Tax Year 2023) Review: TaxAct guides new and experienced users through filing taxes online. Its strengths lie in its simple navigation ...
pcmag.com/reviews/taxact
Five Things You Need to Know to Start Your Day: Asia: Good morning. Wells Fargo becomes Wall Street’s biggest equity bull. Yellen offers China a blunt warning ...
bloomberg.com/news/newsletters/2024-04-08/five-things-you-need-to-know-to-start-your-day-asia
Sean Penn, Barbra Streisand join star-studded call for Congress to act on Ukraine
thehill.com/blogs/in-the-know/4585597-sean-penn-barbra-streisand-kate-mckinnon-jj-abrams-ukraine-aid/
Hunter Biden Loses Bid to Dismiss Firearms Case Over Bias Claim: The US government’s decision to charge President Joe Biden’s son with firearm-related offenses ...
bloomberg.com/news/articles/2024-04-13/hunter-biden-loses-bid-to-dismiss-firearms-case-over-bias-claim
Paid articlePaidQuick Glance: Judge Denies Hunter Biden's Attempt to Dismiss Federal Gun Charges
- A judge in Delaware has denied attempts by President Joe Biden's son Hunter Biden to dismiss three federal gun charges, all but ensuring a trial will move forward this summer.
- Hunter Biden's lawyers had pinned their hopes for dismissal largely on the belief that an immunity provision in their plea agreement, which eventually collapsed, was validated upon both parties signing it. However, Weiss' office contended that the agreement necessitated approval from a probation officer, a requirement that was never fulfilled.
- This ruling signifies another legal setback for Hunter Biden following a federal judge in California recently rejecting similar objections to a nine-count indictment related to tax offenses. The trial for this case is anticipated to commence shortly after the Delaware gun case.
- Hunter Biden also alleged that Weiss succumbed to political pressure from Republicans and former President Donald Trump. Nonetheless, Noreika delivered a scathing criticism.
U.S., China to hold more financial shock exercises, Treasury officials say: The U.S. and China are deepening cooperation on financial stability issues, U.S ...
reuters.com/business/finance/us-china-hold-more-financial-shock-exercises-treasury-officials-say-2024-04-08/
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