Foreign-born contributed $107B in income tax. And 9 other stats on ‘Day Without Immigrants’

A nationwide strike dubbed a “Day Without Immigrants” cast a spotlight on the role of foreign-born workers in the American economy. The walkout at some businesses comes amid a feverish debate over undocumented immigration, foreign trade and President Trump’s temporary travel ban on people from several majority-Muslim nations. Here are 10 key things you should…

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IRS Committed to Stopping Offshore Tax Cheating; Remains on “Dirty Dozen” List of Tax Scams for 2017

WASHINGTON — The Internal Revenue Service today said avoiding taxes by hiding money or assets in unreported offshore accounts remains on its 2017 list of tax scams known as the “Dirty Dozen.” Since the first Offshore Voluntary Disclosure Program (OVDP) opened in 2009, there have been more than 55,800 disclosures and the IRS has collected…

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DC Restaurants Prepare For “A Day Without Immigrants” Strike on Thursday

Latino immigrants across Washington plan to skip work on Thursday as part of a “Day Without Immigrants” campaign aimed at showing their economic power and protesting Donald Trump‘s immigration policies. In the meantime, many restaurateurs are scrambling to figure out exactly how many employees will be participating in the strike. Some restaurants are preparing to close for the…

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IRS Includes Falsifying Income Scam in 2017 List of “Dirty Dozen”

WASHINGTON — The Internal Revenue Service today continued issuing its annual list of common tax scams by warning taxpayers to avoid schemes to erroneously claim tax credits. This year’s “Dirty Dozen” includes falsifying income to claim tax credits. “Taxpayers should ensure all the information they provide on their tax return is accurate,” said IRS Commissioner…

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