accounts Archives - Page 14 of 17 -
By Alexis Akwagyiram LAGOS (Reuters) – Nigerian authorities have seen documents suggesting the proceeds from past crude oil sales were diverted to personal accounts rather than reaching government coffers, President Muhammadu Buhari said in a wide-ranging interview on Wednesday. Africa's biggest economy faces its worst economic crisis in years, since it relies on oil exports for about 58 percent of government revenue. The sharp fall in oil prices over the past year has hit those revenues hard.
Many Swiss banks are saddled with a batch of accounts by clients who have refused to declare them. Now, they must soon be disclosed to the IRS thanks to recently implemented U.S. law.
WSJ.com: What’s News Europe
Dear Liz: I’m 26 and make $ 45,000 per year. I currently have about $ 60,000 saved with no debt. Roughly half of my assets are in retirement accounts, and the other half are in non-retirement accounts. I strive to save 30% of my income (about 15% in pre-tax retirement accounts and 15% in…
L.A. Times – Business
Did you just get an e-mail from Twitter letting you know that your account had been locked? You’re not alone — not at all.
There seems to be a MASSIVE spike in the number of users complaining about their accounts being locked right now.
It’s unclear whether this is intentional on Twitter’s part, or if it’s an automated tool getting a bit overzealous. Read More
With FATCA and hundreds of banks settling with the U.S., no offshore bank account is secret. The IRS has revamped its offshore account programs. Here’s what you need to know.
Forbes Real Time