Tax on internet ads gets traction in Maryland

A measure to make Maryland the first state in the nation to tax companies like Facebook and Google for money they make from digital ads on the internet is making steps forward in the state's legislature.

Business

Crypto, NFTs are rife with 'mountains' of fraud, IRS says

IRS criminal investigators see cryptocurrencies and nonfungible tokens as ripe for fraud, including money laundering, market manipulation and tax evasion—and even celebrities could get caught up in the agency's probes.

Business

Software company founder McAfee charged with tax evasion

Antivirus software entrepreneur John McAfee has been charged with evading taxes after failing to report income made from promoting cryptocurrencies while he did consulting work, made speaking engagements and sold the rights ...

Business

Amazon conciliatory as US eyes regulation

US tech giant Amazon on Thursday sounded conciliatory notes as the US government considers stricter regulatory measures against America's largest digital platforms.

Energy & Green Tech

Biden pushes electric vehicle chargers as energy costs spike

President Joe Biden punched the accelerator on a battery-powered Hummer on Wednesday, causing the wheels to squeal and the truck to jet forward as he tried in his own way to drive the country toward an electric vehicle future.

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