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Business and Financial
Ver, known as 'Bitcoin Jesus,' Paid Nearly $50 Million in Taxes, Penalties, and Interest Roger Ver, an early bitcoin investor known as “Bitcoin Jesus,” entered into a deferred prosecution agreement with the Justice Department to resolve federal tax charges brought…
WASHINGTON — The Internal Revenue Service today reminds individuals who filed extensions for tax year 2024 that their tax returns are due tomorrow. Further, the agency reminds taxpayers that the current lapse in appropriations (the government shutdown) does not affect…
Low interest disaster loans now available WASHINGTON — The U.S. Small Business Administration (SBA) announced the availability of low interest federal disaster loans for businesses, private nonprofits and residents in Arizona and the tribal nations of Salt River Pima-Maricopa Indian…
The U.S. Department of Energy today announced the termination of 321 financial awards supporting 223 projects, resulting in a savings of approximately $7.56 billion dollars for American taxpayers. WASHINGTON—The U.S. Department of Energy (DOE) today announced the termination of 321…
WASHINGTON – The U.S. Department of Labor’s Wage and Hour Division today announced four opinion letters designed to promote clarity, consistency, and transparency in the application of federal labor standards. The opinion letters provide official written interpretations from the division…
Semler Scientific Inc. has agreed to pay $29.75 million and its former distributor, Bard Peripheral Vascular Inc. and its related companies, has agreed to pay $7.2 million to resolve allegations that they violated the False Claims Act, 31 U.S.C. §§…
WASHINGTON — The Commodity Futures Trading Commission announced that the U.S. District Court for the Middle District of Tennessee has entered a consent order against Tennessee residents Michael Griffis and Amanda Griffis for fraud involving a commodity pool. The order…
Network’s Scheme Harms American Businesses WASHINGTON — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned Vitaliy Sergeyevich Andreyev, Kim Ung Sun, Shenyang Geumpungri Network Technology Co., Ltd, and Korea Sinjin Trading Corporation for their roles…
“President Trump’s One Big Beautiful Bill is the largest, most consequential tax cut on the middle class ever. Now, the Tax Foundation — the leading nonpartisan tax policy nonprofit — confirms that. Between lower inflation, massive investments, and historic tax…
The FTC and the State of Nevada allege the scheme used false or baseless earnings claims to sell financial training programs and a multi-level-marketing business venture Three of the defendants involved in the IM Mastery Academy scheme will pay $2.5…
MCLEAN, Va. -- Freddie Mac (OTCQB: FMCC) released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.63%. “The 30-year fixed-rate mortgage dropped to its lowest level since April,” said Sam Khater, Freddie…