Elon Musk and Jeff Bezos paid zero income tax some years, IRS records show

REVEALED: Billionaires Elon Musk and Jeff Bezos paid ZERO federal income tax some years, according to secret trove of IRS records from America’s 25 richest people The IRS records from the 25 wealthiest people in the United States were obtained by ProPublica and published on Tuesday  The records show that Amazon founder Jeff Bezos paid … Read more

Executors undervalued Prince’s estate by $80M, IRS claims as it demands millions more in taxes

Executors undervalued Prince’s estate by $80MILLION, IRS claims as it demands millions of dollars more in taxes The IRS determined that the musician’s huge estate is worth $163.2million  Their valuation is nearly double the $82.3million estimation of his executors The discrepancy involves Prince’s music publishing and recording interests  By Associated Press Published: 16:30 GMT, 3 … Read more