28% Tax on Crypto and Digital Assets in India? – InsideBitcoins.com

It is no surprise that the cryptocurrency market has taken the world by storm, India included. The digital currency wave gained momentum in the country not too long ago and has now become an investment option for many. However, with

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Meet man who claimed he had secret affair with Todd Chrisley, found guilty of bank and tax fraud

Reality TV star Todd Chrisley saw his on-screen image ripped apart this week when he and his wife, Julie, were found guilty of running a years-long fraud conspiracy by a jury that saw his ex-business partner confess to helping the

Read More Meet man who claimed he had secret affair with Todd Chrisley, found guilty of bank and tax fraud

Democratic Rep. Don Beyer suggests bill adding a 1,000% TAX on AR-15s

Virginia Democrat Rep. Don Beyer eyeing up a bill that would impose up to a 1,000% tax on assault-style weapons as a means of bypassing Republican obstruction to gun control.  Beyer, a member of the tax-writing House Ways and Means Committee,

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Bid to end Disney’s self-governing status could fail due to Florida tax laws

Florida Governor Ron DeSantis’s bid to strip Walt Disney World of its self-governing status could fail because of the tax burden it’ll impose on locals, lawyers believe.  The Sunshine State’s laws stipulate that all residents must be taxed equally.  But

Read More Bid to end Disney’s self-governing status could fail due to Florida tax laws

Ex-Casino Magnate Pleads Guilty to Tax Fraud in Indiana

John Keeler accepts deal for tax fraud A former Indiana casino baron pleaded guilty to tax fraud for falsely concealing money on tax returns in a scheme to direct funds to a political action committee (PAC).  diverted more than $40,000

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Senate Fears That Crypto Firms Could Exploit Opportunity Zone Program For Tax Break

The Senate Finance Committee Chairman Senator Ron Wyden is looking into the activities of crypto firms that are taking advantage of tax breaks provided by the Opportunity Zone program. The senator is worried that a “lack of safeguards and transparency measures” in

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Biden plans to unveil new 20% minimum tax on billionaires

President Joe Biden is reportedly planning to propose a new ‘minimum tax’ targeting billionaires, establishing a 20 percent levy on all American households worth more than $100 million. The White House plans to unveil the ‘Billionaire Minimum Income Tax’ on

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Trump tells appeals court that House Democrats want his tax returns for political reasons

Donald Trump’s lawyer argued before the DC Circuit Court of Appeals on Thursday that the House Ways and Means Committee’s quest for the ex-president’s tax returns presented a ‘constitutional minefield’ Donald Trump‘s lawyer on Thursday urged a federal court to

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Atlantic City Could Get Portion of Tax Dollars With New Bill

Atlantic City gets a cut A New Jersey Senate committee has voted to direct 1.25% of gambling tax revenue from the Casino Reinvestment Development Authority to Atlantic City. Atlantic City Mayor Marty Small has long campaigned for his area to

Read More Atlantic City Could Get Portion of Tax Dollars With New Bill

Federal Bill Filed To Raise Tax Threshold On Slot Wins

On March 3, a group of federal policymakers from casino states announced the introduction of a new bill to raise the IRS reporting threshold on slot winnings. Representatives Dina Titus (Nevada), Guy Reschenthaler (Pennsylvania), Anthony Brown (Maryland), Mark Amodei (Nevada),

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