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TurboTax Settles Lawsuit for $141 Million

TurboTax Settles Lawsuit for $141 Million

The New York Attorney General has stated that TurboTax will be sending approximately $141 million to American taxpayers as part of a court settlement. The agreement was reached last year by Intuit, the parent company of TurboTax, after they were accused of misleading...
Tax Evasion Trial Awaits Music Star Shakira

Tax Evasion Trial Awaits Music Star Shakira

Attorneys who specialize in tax fraud have been following a story about Colombian music star Shakira. The singer allegedly committed fraud and owes Spain approximately €14.5m (£12.9m). She will go to trial in a Spanish court, where prosecutors will attempt to secure a...
Sen. Elizabeth Warren Goes After Wealthy Tax Cheats

Sen. Elizabeth Warren Goes After Wealthy Tax Cheats

Massachusetts Democrat Senator Elizabeth Warren has proposed giving the Internal Revenue Service a mandatory yearly budget of $31.5 billion for the 2021 fiscal year. Previously, the agency’s budget was set at $11.9 billion, which they received from Congress for the...