Bitcoin fell to a three-week low
on Tuesday amid signs of institutional investor caution, while
the head of the U.S. Internal Revenue Service called for
lawmakers to provide authority for tighter. | June 9, 2021
The cryptocurrency market has rebounded slightly after crashing on Tuesday. Popular cryptocurrencies like Bitcoin and Ether are trading higher than their price 24 hours ago. Check the latest trends and prices.
US to probe tax record leak of ultra-wealthy
Reuters, WASHINGTON
The US Department of the Treasury has asked law enforcement authorities to investigate the disclosure of tax records cited in a media report that showed that some of the US’ richest people paid little to no income taxes, US officials said on Tuesday.
US media outlet ProPublica said that it obtained “a vast trove of US Internal Revenue Service [IRS] data on the tax returns of thousands of the nation’s wealthiest people, covering more than 15 years.”
The data indicated that billionaires including Amazon.com Inc founder Jeff Bezos and Tesla Inc founder Elon Musk paid no federal income taxes during some years.
Кабмин предлагает перевести льготы на проезд и коммуналку в денежную форму kv.com.ua - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kv.com.ua Daily Mail and Mail on Sunday newspapers.
US IRS Flags Deadline For Q2 Estimated Tax Payments
US IRS Flags Deadline For Q2 Estimated Tax Payments
by Mike Godfrey, Tax-News.com, Washington
09 June 2021
The US Internal Revenue Service has issued a reminder to taxpayers who pay estimated taxes that they have until June 15 to pay their estimated tax payment for the second quarter of tax year 2021 without incurring a penalty.
Estimated tax is the method used to pay tax on income that isn t subject to withholding, including income from self-employment, interest, dividends, rent, gains from the sale of assets, prizes, and awards. Taxpayers may also have to pay estimated tax if the amount of income tax withheld from a salary, pension, or from other income isn t sufficient.