In some instances, Bloomberg representatives have assured the aides that the additional taxes they now owe the government were taken care of by the campaign. A Bloomberg campaign spokesman told POLITICO that the aides were paid more during the campaign to account for the higher tax burden, though not all of the ex-aides said they […]
Tag: Tax
Boast.ai secures $100 million to help startups claim R&D tax credits
Boast.ai, a company developing software that automates the process of claiming R&D tax credits, today announced that it secured a $100 million credit facility from Brevet Capital. The company plans to use the loan to further develop its platform as it looks to expand its startup customer base. Each year, the federal governments of the […]
Boast.ai raises $23 million to help businesses nab government tax credits
Boast.ai, a startup developing software that automates the process of claiming R&D tax credits, today raised $23 million in venture capital. The 35-person company says it will put the funds toward development of its AI-powered platform to better serve clients, launch new products, and expand into new markets. Each year, the federal governments of the […]
Hunter Biden Discloses He Is Focus of Federal Tax Inquiry
The tax issues came to the attention of F.B.I. agents after they opened the money laundering investigation into Hunter Biden’s financial affairs in late 2018, under the attorney general at the time, Jeff Sessions, according to several people familiar with the inquiry. What prompted the F.B.I. inquiry remains unclear. Former law enforcement officials said that […]
California’s 40-Year-Old Tax Revolt Survives a Counterattack
Voters rejected a bid to modify Proposition 13, a landmark 1978 measure, to remove a tax shield from commercial properties.
The Manhattan D.A. can obtain Trump’s tax returns, an appeals panel rules.
The Manhattan district attorney can enforce a subpoena seeking President Trump’s personal and corporate tax returns, a federal appeals panel ruled on Wednesday, dealing yet another blow to the president’s yearlong battle to deny prosecutors his financial records. The unanimous ruling by a three-judge panel in New York rejected the president’s arguments that the subpoena […]
A Biden campaign video shows how small Trump’s $750 tax bill is, compared with what average workers pay.
Not long after The New York Times published an investigation into President Trump’s long-sought tax returns, the campaign of Joseph R. Biden Jr. turned one of its most revealing findings — that Mr. Trump paid only $750 in federal income taxes the year he won the presidency — into a 30-second video comparing that tax […]
What We Learned from Trump Tax Report: $750, Huge Losses and More
It looks as if the president paid $750 in taxes in both 2016 and 2017 — and for him, those were generous years. It’s Monday, and this is your politics tip sheet. Sign up here to get On Politics in your inbox every weekday. Protesters who support and oppose President Trump’s Supreme Court nominee squared […]
The Trump Tax Bombshell – The New York Times
It looks as if the president paid $750 in taxes in both 2016 and 2017 — and for him, those were generous years. It’s Monday, and this is your politics tip sheet. Sign up here to get On Politics in your inbox every weekday. Protesters who support and oppose President Trump’s Supreme Court nominee squared […]
An Editor’s Note on the Trump Tax Investigation
Today we are publishing the results of an examination of decades of personal and corporate tax records for President Trump and his businesses in the United States and abroad. The records stretch from his days as a high-profile New York real estate investor through the beginning of his time in the White House. A team […]