Paul Kiel

Some of Wall Street’s richest and most powerful figures are using a legal loophole to avoid paying millions of dollars in taxes earmarked for health care, a ProPublica investigation found.

The tax agency concluded in its long-running investigation that Trump effectively claimed the same massive write-off twice on his failed Chicago tower.

In their extensive probe, Senate investigators found evidence to suggest Crow has made repeated misrepresentations to the U.S. government. ProPublica revealed the tax maneuvers in a previous story.

The federal agency, after an investigation prompted by ProPublica’s reporting, blasted Intuit for misleading customers about its “free” tax-filing program and directed the company to take specific steps to fix its ads.

The giant consulting firm proposed that Microsoft transfer billions in profits to a small factory in Puerto Rico. The step initially saved the software company billions — then led to an IRS audit and a bill for $28.9 billion in back taxes.

In the largest audit in U.S. history, the IRS rejected Microsoft’s attempts to channel profits to a small factory in Puerto Rico that burned Windows software onto CDs.

ProPublica is an independent, non-profit newsroom that produces investigative journalism in the public interest.

A DOJ statement appears to refer to IRS data that ProPublica has used to publish multiple stories on thousands of wealthy Americans. ProPublica maintains it does not know the source of the information.

Articles published around the country repeat Intuit’s assertion — sometimes almost word for word — that the upcoming IRS pilot program would hurt Black Americans. A researcher whose work is cited by Intuit says the company is misstating her findings.

In lavishing gifts on the Supreme Court justice, the billionaire GOP donor may have violated tax laws, according to tax experts.