The lights will stay on in the nation’s capital after all. Today, on the last day that Congress could make a move before the fiscal year end, the Senate and House both voted on a measure to avoid a government shutdown. But don’t get too excited. While the agreement is better than the alternative (no…
Footballer Neymar’s agent, Wagner Ribeiro, raised eyebrows yesterday when he took to Instagram to offer a little bit of tax and career advice to his star player. Posting in Portuguese, and addressing Neymar directly, Ribeiro complained about the press, government, and fans who “celebrated the blocking assets that was imposed on you.” Ribeiro was, of…
Last month, presidential hopeful Donald Trump told CNN’s Chris Cuomo about his tax plan, “I know exactly what I want to do, I just don’t want to announce it yet.” Today, Trump unveiled his tax plan, which he says has four simple goals: Tax relief for middle-class Americans: In order to achieve the American dream,…
On his first visit to the United States, Pope Francis turned heads with his mode of transportation: a black Fiat 500L. The 2015 Fiat 500L, roomier than the more popular Fiat 500 mini, sells for between just $20,000 and $24,695. The Pope also opted for a relatively modest version of the famous Popemobile, a retrofitted Jeep Wrangler…
The jail sentences continue to roll in for a gang of identity thieves. Today, U.S. District Court Judge Kristi K. DuBose sentenced Keisha Lanier, the ringleader in the scheme, to serve 15 years in prison to be followed by three years of supervised release; she was detained immediately following the sentencing hearing. She was also…
It’s Fix The Tax Code Friday! Earlier this week, Forbes contributor Stan Collender boosted his estimate of the chance that there will be a government shutdown from 67% to 75%. Those odds might have gone up even more. Today, Speaker John A. Boehner’s (R-OH) announced that he would step down at the end of October,…
Another FC Barcelona striker has been accused of tax evasion – and this time, it’s not Spanish tax authorities who are leveling the accusations. A Brazilian judge has charged that Neymar da Silva Santos Júnior, known to most of the world simply as Neymar, took steps to avoid reporting income and paying tax. As a result, he…
On Sunday, Forbes contributor Stan Collender boosted his estimate of the chance that there will be a government shutdown from 67% to 75%. With the new fiscal year just days away – beginning on October 1 – we still don’t have an appropriations bill. The last time we were in this position was in 2013. On…
Less than two weeks after soccer fans learned that FC Barcelona midfielder Javier Mascherano will likely face charges for two counts of tax fraud, another high profile soccer player is under investigation. Midfielder Xabi Alonso who played with Mascherano in Liverpool is being investigated for failing to declare income related to his image rights. The…
The fallout from the diesel emissions cheating scandal at Volkswagen continued today with Martin Winterkorn tendering his resignation as Chief Executive Officer (CEO) even as he took responsibility for what he called “irregularities.” Winkerkorn’s resignation came just days after Volkswagen admitted that it had manipulated software in some diesel cars in order to produce favorable –…
