Pennsylvania mother of three Toni Shuppe is not running for office, but Pennsylvania Attorney General Josh Shapiro keeps brining up her name in his statewide campaign advertising for the governor’s seat. He has called her a dangerous conspiracy theorist who spread blatant lies about the 2020 election. Now she is suing both Shapiro—the Democrat candidate…

The U.S. Securities and Exchange Commission (SEC) fined Deloitte-China $20 million on Sept. 29 for its failure to comply with basic U.S. audit requirements. Experts say the incident highlights the need for better oversight of Chinese audit firms. Deloitte-China, also known as Deloitte Hua Yong, is the Chinese affiliate of international accounting firm Deloitte Touche…

Commentary The United States is getting tough on China’s initial public offerings (IPOs) on Wall Street, so those IPOs are going to Europe. That’s finance for you. Go to where the suckers are. After about $100 billion in international investment in U.S.-listed Chinese companies over two decades, the U.S. Securities and Exchange Commission (SEC) is…

Many Americans expect the Internal Revenue Service (IRS) to target low- and middle-income households and small businesses, according to a new survey.  A recent Convention of States Action and Trafalgar Group poll learned that 36.2 percent of respondents think the IRS will use its 87,000 new agents to audit low-income earners, middle-class Americans, and small…

More Americans expect the IRS to put a greater focus on low- and middle-income households and small businesses than on the wealthiest Americans and large corporations, according to a new survey. About 36 percent of respondents think the tax collecting agency will use its 87,000 new agents to audit low-income earners, middle-class Americans, and small businesses, a recent…

The IRS audited 197 low-income families for every high-wealth family in 2019, according to the Government Accountability Office (GAO)—a number that some experts expected to climb under an IRS turbocharged with more money and manpower. Over the next decade, the Democrat’s new “Inflation Reduction Act” will provide the IRS with 87,000 new agents and $80…

Billionaire tech mogul Elon Musk posted an ironic message on Twitter mocking Democrats’ efforts to give the Internal Revenue Service (IRS) an $80 billion cash injection amid swirling fears the money might be used to hire legions of tax auditors that would target middle-income Americans with audits. “When the country that revolted over taxes hires…

A job advertisement for IRS Special Agents “willing to use deadly force” is raising eyebrows amid renewed scrutiny of the tax agency that could greatly expand if Congress passes its new spending bill. The online job ad titled “Criminal Investigation Special Agents” went offline temporarily on Wednesday after it sparked thousands of comments across social…

A job advertisement for IRS Special Agents “willing to use deadly force” is raising eyebrows amid renewed scrutiny of the tax agency that could greatly expand if Congress passes its new spending bill. The online job ad titled “Criminal Investigation Special Agents” went offline temporarily on Wednesday after it sparked thousands of comments across social…

Treasury Secretary Janet Yellen has ordered the Internal Revenue Service (IRS) not to send tax enforcers to audit households making less than $400,000 per year after concerns were raised that a massive funding boost to the agency would be used to crack down not on wealthy tax dodgers but to bully middle-income Americans. The Inflation…