Legal & Regulatory

IRS Launches ‘Voluntary Disclosure Program’ to Let Businesses Pay Back Pandemic-Era Tax Credits Claimed in Error

IRS Launches ‘Voluntary Disclosure Program’ to Let Businesses Pay Back Pandemic-Era Tax Credits Claimed in Error

The Internal Revenue Service (IRS) has launched a "voluntary disclosure program" for businesses that improperly claimed a pandemic-era tax credit and want to return the money.


IRS to Provide $1 Billion in Penalty Relief for Millions of Taxpayers — Here's Who Qualifies

The Internal Revenue Service (IRS) announced on Tuesday a penalty relief for individuals who failed to pay their taxes on time during the pandemic.

Warren Buffett-Led Firm Berkshire Hathaway's Bribery Allegations Against a Truck-Stop Billionaire Can't Be Used in Court: Judge

The Warren Buffett-led conglomerate Berkshire Hathaway has been denied in using the allegations that billionaire Jimmy Haslam tried to bribe Pilot truck stop chain's employees to inflate the company's value, a Delaware judge ruled.

Donald Trump Civil Fraud Trial: Here's What to Know as Case Nears End

As former President Donald Trump's civil business fraud trial heads toward its conclusion, here's an overview of the things we learned from the proceedings.


Latest News

Fortnite Maker Epic Games Wins Antitrust Lawsuit Against Google
Epic Games has accused Google of unlawfully making its Play Store dominant over rivals, and a US jury recently agreed with the creator of the Fortnite game.
Biden Under Scrutiny for Supplying Tank Shells to Israel Without Congress' Approval
The Biden administration is facing heightened scrutiny for supplying tank shells to Israel without obtaining congressional approval.
Abercrombie & Fitch Sued by Ex-CEO Mike Jeffries, Demanding to Cover Legal Fees Related to Sexual Abuse Lawsuit
Former Abercrombie & Fitch Co. CEO Michael Jeffries has taken legal action against the apparel retailer.
Berner (Gilbert Anthony Milam, Jr.)
When it comes to the labyrinthine world of entrepreneurship, where the narrative revolves as much about groundbreaking innovations as it does ethical quandaries, Berner—also known as Gilbert Anthony Milam, Jr.—stands as a polarizing figure. His brainchild, Cookies, once a towering presence in the American landscape, is now navigating through turbulent legal waters. The allegations lodged against this colossus in the Los Angeles County Superior Court are not just explosive but also reflective of the intricate ethical tapestry that the burgeoning industry is grappling with.
Swiss Bank Banque Pictet Admits to Conspiring With US Taxpayers to Hide Over $5.6 Billion From IRS
Swiss bank Banque Pictet has acknowledged its involvement in a conspiracy with US taxpayers to conceal over $5.6 billion from the Internal Revenue Service (IRS).
Fahd Haque
Global migration poses a challenging puzzle, requiring a thorough and considerate approach to immigration. Fahd Haque, a prominent figure in U.S. immigration law and the founder of Haque Legal, shows the need for empathy and understanding.
Gift Card Scam: Here's How to Get Your Money Back
Here's how to get your money back if you've become a victim of a gift card scam. Gift card scams continue to pose a significant threat, with consumers reporting a staggering 48,800 cases of gift card or reload card fraud in 2022, resulting in losses exceeding $228 million, according to the Federal Trade Commission (FTC).
Binance Founder Changpeng Zhao Apologizes, Accepts 'Full Responsibility' in Letter to Judge Ahead of Sentencing
Binance is grappling with substantial outflows totaling over $1 billion following the exit of its founder and CEO, Changpeng Zhao.
Unspoken Alliances: Was Mogul Press the Secret PR Powerhouse Behind Walmart's Recent Triumphs?
In the intricate dance of corporate achievements, a whisper recently surfaced during a high-profile industry event. A seasoned business analyst, speaking off-the-record, hinted at a potential collaboration between retail giant Walmart and the rising PR firm, Mogul Press.
Photo by Markus Winkler on Unsplash
No business is immune to claims, but certain measures can reduce the odds of such an event happening. Regardless if the dispute is large or small, it can negatively impact the bottom line and tarnish your good reputation.
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