IRS

Equifax loses appeal on $7M IRS contract: Here's why

The Government Accountability Office (GAO) released the full text of its decision to deny Equifax’s (NYSE:EFX) appeal to preserve its $7.25 million anti-fraud prevention contract with the IRS, rejecting the credit reporting agency’s technical challenge against rival Experian.

Rapper DMX arrested for massive tax evasion scheme

Famous recording artist and rapper DMX – real name Earl Simmons – will appear in federal court in Manhattan Friday, charged with engaging in a multi-year tax evasion scheme, concealing millions of dollars of income from the IRS.