FINANCE · Jun 10, 2026 The Internal Revenue Service does not impose U.S. capital gains tax on the sale of foreign real estate that is a primary residence for a U.S. citizen who is a foreign resident taxpayer. TOTAL BS
FINANCE · May 22, 2026 The top 1 percent of US taxpayers pay approximately 40 percent of all federal income tax revenue. NOT BS
LEGAL · May 8, 2026 Under Internal Revenue Service news release IR-2026-58, a taxpayer who has not yet responded to Internal Revenue Service Letter 105-C or Letter 106-C is not considered to be waiting for the Internal Revenue Service to consider their response, has not triggered Internal Revenue Service review, and therefore does not meet the first eligibility condition for the streamlined process described in IR-2026-58. HARDLY BS
LEGAL · Apr 23, 2026 The Internal Revenue Service is offering rewards to individuals who provide information regarding tax fraud as of April 23, 2026. NOT BS