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IRS Uses Cellphone Location Data To Find Suspects
The new program shows how anonymized information sold by marketers is increasingly being used by law enforcement to identify suspects. IRS Uses Cellphone Location Data To Find Suspects The Internal Revenue Service attempted to identify and track potential criminal suspects by purchasing access to a commercial database…
IRS Failed To Collect $2.4 Billion In Taxes From Millionaires
The Internal Revenue Service has failed to collect more than $2.4 billion dollars from wealthy individuals who owe the federal government back taxes, according to a Treasury Department watchdog report. IRS Failed To Collect $2.4 Billion In Taxes From Millionaires Auditors were only able to recoup about 39% of the…
Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS
The U.S. Treasury said the Biden administration’s proposal to strengthen tax compliance includes a requirement for transfers of at least $10,000 of cryptocurrency to be reported to the Internal Revenue Service. Treasury Calls For Crypto Transfers Over $10,000 To Be Reported To IRS President Biden’s vision for an empowered, expanded…
Six Million Tax Returns Are ‘In Suspension’ At The IRS, And That’s Preventing Many Families From Receiving A Valuable Tax Credit
The IRS backlog of 2019 tax returns keeps shrinking — but now for the bad news. Six Million Tax Returns Are ‘In Suspension’ At The IRS, And That’s Preventing Many Families From Receiving A Valuable Tax Credit Days after the latest tax season ended, the Internal Revenue Service still has…
Can The IRS Be Trusted With Your Data?
A scathing report calls into question the agency’s ability to protect the sensitive information it collects. Can The IRS Be Trusted With Your Data? Like many Americans, I tend to feel generous this time of year — not only because it’s the season for giving, but also for the tax…
US Ransomware Attack Suspect Hails From A Small Ukrainian Town
Dubrovytsia is a small town near Ukraine’s northern border with Belarus that boasts a Nobel laureate, physicist Georges Charpak, and a high school that attracts tech-savvy teenagers interested in math and computer science. US Ransomware Attack Suspect Hails From A Small Ukrainian Town Dubrovytsia is also the hometown of Yaroslav…
Alibaba Admits It Was Slow To Report Software Bug After Beijing Rebuke
Alibaba Group Holding Ltd. conceded it was slow to report a major vulnerability in widely used software because it was unaware of its severity, a day after China’s tech industry overseer suspended cooperation on cybersecurity with the online retail giant. Alibaba Admits It Was Slow To Report Software Bug After…
Japan Defense Ministry Finds Security Threat In Hack
A cyberattack on Mitsubishi Electric Corp. in January last year included data files that may impact Japan’s national security, the defense ministry says. Japan Defense Ministry Finds Security Threat In Hack CyberSecurity Newsflash! In a statement dated Friday, the ministry said its probe of the incident found 59 of the…
George Santos Met Crypto Millionaires In The Hamptons And Snapped Up Campaign Cash
The Long Island village of Southampton has long served as a getaway for New York’s ultra-wealthy, but in the summer of 2022, it welcomed a crop of newly minted magnates. George Santos Met Crypto Millionaires In The Hamptons And Snapped Up Campaign Cash George Santos, an underdog congressional candidate from…
Raoul Pal Believes Institutions Have Finished Taking Profits As Year Winds Up
Raoul Pal suggested that profit-taking by institutions was the likely reason for recent Bitcoin sell-offs but that the selling is likely done for now. Raoul Pal Believes Institutions Have Finished Taking Profits As Year Winds Up Real Vision CEO Raoul Pal believes the recent volatility in Bitcoin’s (BTC) price is…
Yosemite Is Forcing Native American Homeowners To Leave Without Compensation. Here’s Why
The week before Christmas, residents of the El Portal Trailer Park got letters from Yosemite National Park saying they have to remove or surrender their homes by early 2022 because Yosemite has other plans for the trailer park and is worried about power lines there that Yosemite owns. Yosemite Is…
The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators
Here is what you need to know about new efforts to police a lucrative but murky sector. The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators As cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance…