Miami Heat’s Rozier Faces $8M IRS Tax Lien Amid Scandal
UPDATE: Miami Heat guard Terry Rozier is in serious jeopardy as he faces a staggering $8,218,211 tax lien from the IRS, filed in November 2023 in Broward County, Florida. This…
IRS Restores $20,000 Threshold for Form 1099-K Reporting
The Internal Revenue Service (IRS) reinstated the reporting threshold for Form 1099-K to its pre-2021 levels on October 23, 2023. This decision comes under the provisions of the One Big…
6ix9ine Addresses $8 Million IRS Debt Amid Legal Challenges
6ix9ine, the controversial rapper, has revealed that he owes over $8 million to the Internal Revenue Service (IRS). This disclosure comes during a live stream with content creator Deshae Frost,…
Trump Announces Massive Layoffs Amid Ongoing Government Shutdown
UPDATE: The federal government has launched a significant wave of layoffs, impacting approximately 4,200 employees across multiple agencies as the government shutdown continues. This alarming development was confirmed late Friday…
IRS Clarifies Tax Rules: Only Voluntary Tips Are Exempt
The Internal Revenue Service (IRS) has clarified that only voluntary tips are exempt from taxation under new provisions for U.S. workers. This decision comes in light of widespread confusion regarding…
IRS Raises Jackpot Handpay Limit, Impacts Gamblers on Las Vegas Strip
URGENT UPDATE: The IRS has just raised the jackpot handpay reporting limit from $1,200 to $2,000, a significant move for gamblers on the Las Vegas Strip. This change comes amid…