Income

VERONIQUE DE RUGY: Here’s What Earned Income Tax Credit Proponents Get Wrong Veronique de Rugy on December 16, 2022 For some time now, legislators have been eager to jack up …

BUENOS AIRES (Reuters) – Argentina’s government will raise the floor for income taxes in January, the country’s Economy Minister Sergio Massa said on Thursday, amid union demands to ease the …

By Vladimir Soldatkin MOSCOW (Reuters) -Russian largest oil producer Rosneft said on Wednesday its nine-month profit was hit by the transfer of assets in Germany which took control of a …

STOCKHOLM (Reuters) – Swedbank said on Tuesday it would grow average annual income by 3 percentage points more than costs as it looked to boost returns on equity by 2025, …

SEOUL (Reuters) – South Korean households’ quarterly income declined on the year for the first time since the second quarter of 2021, government data showed on Thursday, amid cooling economic …

HOUSTON – A tax preparer is set to appear in court on charges of preparing a false joint income tax return, announced U.S. Attorney Jennifer B. Lowery. Fabrice Mahinga is …

MIAMI – Douglas Sailors, 71, formerly of Parkland, Fla., and now living in Owensboro, Ky., was charged with conspiracy to commit mail and wire fraud as well as subscribing to …

PARIS (Reuters) – Societe Generale, France’s third-biggest listed bank, joined European rivals in posting a higher than expected net income in the third quarter as market volatility boosted trading revenues. …

By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabian state oil producer Aramco on Tuesday posted a 39% jump in its third-quarter net income that beat analysts’ forecasts, boosted by …

DUBAI (Reuters) – Goldman Sachs CEO David Solomon said on Tuesday the world “nationalized fixed income markets” for 40 years and is in the process of privatizing them again, which …

SEOUL (Reuters) – South Korea’s finance minister said the government will scrap taxes on foreigners’ income from investments in treasury bonds and monetary stabilization bonds from Monday. Speaking to reporters …

By Michael S. Derby NEW YORK (Reuters) – The Federal Reserve’s net income turned negative in September, minutes from its most recent policy meeting showed, although the largely technical development …

MIAMI – Ethan Thomas Trainor, has pled guilty to attempted tax evasion.  Trainor used sophisticated on-line techniques to conceal from the IRS over $1 million in cryptocurrency he earned through …

LONDON (Reuters) – The British government is expected to reverse the proposed scrapping of the highest rate of income tax that has sparked a backlash in the governing Conservative Party, …

AUGUSTA, GA:  A Richmond County man and his daughter have been sentenced after admitting they filed fraudulently inflated tax returns on behalf of clients. Ezra Hatcher Sr., 67, of Hephzibah, …

NEW YORK (Reuters) – Bank of America Corp expects a “big bump” in the income it earns from rising interest rates, its chief executive officer told investors at a conference …

Jackson, Miss. – A Pearl woman was found guilty by a federal jury on Wednesday, August 24, 2022, of conspiring to falsify business and income records with the intent to …

DUBLIN (Reuters) – Ireland’s budget surplus could reach 2% of gross national income this year, the country’s fiscal watchdog said on Wednesday, significantly ahead of the 0.5% the finance ministry …

Georgia Dem Doubled Income One Year After Becoming Senator Jack McEvoy on August 29, 2022 Democratic Sen. Raphael Warnock of Georgia doubled his income after being elected senator, with more …

(Reuters) – Federal Reserve staff expect the net income from the Fed’s holdings of more than $8 trillion of bonds to “turn negative in coming months,” a readout of the …

DES MOINES, IA – Bradley Earl Ewart, age 51, of Wapello, was sentenced Monday, August 1, 2022, to 6 months in prison for failing to file income tax returns. Ewart …

Federal law enforcement officials announced today that three indictments were unsealed in federal court, detailing charges against three men, two formerly of Northeast Ohio, who are believed to be currently …

By Steven Scheer JERUSALEM -Israel is on track to collect 45.5 billion shekels ($13 billion) more than initially expected in revenue in 2022, the Finance Ministry said on Thursday as …

Baltimore, Maryland – Sunil Chawla (“Chawla”), age 66, of Berlin, Maryland, pleaded guilty today to tax fraud.  As part of his plea agreement, Chawla will be required to pay $70,000 …