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For years, company leadership allegedly misrepresented and concealed key details about FTX's operations from investors, other employees and the customers who prosecutors claim had billions of dollars of their money stolen.
By Hannah MillerOctober 10 -
Eleven states have created or expanded a fully refundable child tax credit following the expiration at the end of 2021 of the federal measure, which enabled families to get as much as $3,600 per child.
By Jarrell Dillard and Augusta SaraivaOctober 2 -
The amount shared by the accounting firm's 1,300 U.K. equity partners is broadly the same as last year.
By Irina AnghelSeptember 29 -
The Treasury Department is in the midst of writing rules for how it will distribute the measure's tax credits from hydrogen projects to low-carbon aviation fuel, but work on that guidance could grind to a halt if the government closes.
By Ari NatterSeptember 28 -
The Biden administration has come under pressure to seize the funds outright, something Yellen has said would be illegal under current law.
By Daniel Flatley and Alberto NardelliSeptember 21 -
The consultancy, created by former partners of the defunct Big Five firm, expects revenue to exceed $1.9 billion this year.
By Yinka IbukunSeptember 21 -
The managers of the bankrupt crypto exchange sued the parents of its co-founder and former CEO to "recover ... fraudulently transferred and misappropriated funds."
By Dave LiedtkaSeptember 19 -
The new positions, which will be in more than 250 locations, will help ramp up compliance efforts against high-income earners, partnerships, large corporations, and promoters.
By Erin SloweySeptember 18 -
Hunter Biden sued the service, alleging that so-called IRS whistleblowers illegally disclosed information about his taxes.
By Peter JeffreySeptember 18 -
Britain's accountants, auditors and advisers are clinging to their jobs, nervous that their negotiating power has sharply dropped.
By Irina AnghelSeptember 11