By David Lawder WASHINGTON (Reuters) – The U.S. Internal Revenue Service plans to allow taxpayers to submit all documents and correspondence to the agency digitally for the 2024 tax filing season and will convert all paper tax returns to digital documents by the 2025 season, the Treasury Department said on Wednesday. The initiative, part of…
By Clare Jim and Ziyi Tang HONG KONG/BEIJING (Reuters) -Some Chinese city governments have made it harder for developers to access tens of billions of dollars from property sales held in escrow accounts, people familiar with the matter said, raising risks the cash-strapped companies will be squeezed even more. The moves are aimed at ensuring…
GDANSK (Reuters) -Poland’s mBank expects a drop in write-offs in future quarters from those in the second quarter, its chief executive said on Wednesday. CEO Cezary Stypulkowski also said the bank hopes to offer 2% mortgage loans in September, a special product with state subsidised instalments. “Adjustments to the systems operated by the bank are…
By Jack Queen (Reuters) – Donald Trump was charged on Tuesday with conspiracy to defraud the U.S. and other crimes related to his efforts to overturn his 2020 presidential election loss. Here’s what happens next. WHEN WILL TRUMP APPEAR IN COURT? Trump is set to make his first court appearance on Thursday, when prosecutors will…
By Jacqueline Thomsen (Reuters) – Besides criminal charges, former U.S. President Donald Trump faces some civil lawsuits over his effort to overturn his 2020 election loss and for the Jan. 6, 2021, assault on the U.S. Capitol by his supporters. Here is a look at those lawsuits and where they now stand. JAN. 6 LAWSUITS…
By Jacqueline Thomsen, Sarah N. Lynch and Andrew Goudsward WASHINGTON (Reuters) – Donald Trump allegedly conspired with six other allies in his failed bid to overturn the results of the 2020 U.S. presidential election, according to an indictment of the former president made public on Tuesday. The six alleged co-conspirators are not named in the…
By Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried, the indicted founder of the bankrupt FTX cryptocurrency exchange, on Tuesday said he never sought to intimidate witnesses at his scheduled October fraud trial, and there is no reason to jail him. In a letter to U.S. District Judge Lewis Kaplan in Manhattan, Bankman-Fried said prosecutors mischaracterized…
SYDNEY (Reuters) – A former Australian childcare worker has been charged with 1,623 child abuse offences against 91 children between 2007 and 2022, federal police said on Tuesday. The 45-year-old man has been in custody in Queensland state since August 2022 when police arrested and charged him initially for making child exploitation material. Police alleged…
(Reuters) – Anti-aircraft units worked to shoot down drones attacking the Ukrainian capital, Kyiv, early on Wednesday, with drone debris falling in three districts but causing no injuries, Mayor Vitali Klitschko and military officials said. Klitschko, writing on the Telegram messaging app, said that debris had fallen in the central Solomianskyi district and that a…
ASHGABAT (Reuters) – Turkmenistan’s flagship airline has suspended flights to Moscow, it said on Wednesday, citing safety concerns after Ukrainian drone attacks on the Russian capital. “Due to the situation in the Moscow air zone, and based on a risk assessment in order to ensure flight safety, all Turkmenistan Airlines flights on the Ashgabat-Moscow-Ashgabat route…
