American Express has agreed to pay $230 million to settle charges in two cases brought by federal officials.The financial services firm will pay $138 m

American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.

Under a nonprosecution agreement the company is to pay a $77.6 million fine and forfeit $60.7 million for the revenue that could have been owed from its Payroll Rewards and Premium Wire programs.

American Express agrees to pay $138 million to settle allegations of misleading tax advice, prompting reforms in its sales practices.

The New York-based financial giant provided inaccurate tax advice to customers and potential customers on wire products mainly aimed at small and mid-size businesses, New York tax officials said. View

American Express said it will pay $230 million to resolve federal investigations into deceptive sales tactics and recordkeeping violations involving small business credit card and wire transfer products.

a special agent in charge at the Internal Revenue Service’s office in New York, said the company “misled their customers by touting tax breaks that simply didn’t exist." American Express ...

The American Institute of CPAs (AICPA) has expressed strong support for new bipartisan legislation that would empower the Internal Revenue Service (IRS) to extend federal tax deadlines following state-declared disasters. This proposed change aims to provide timely relief to taxpayers affected by such emergencies.

Trump and his advisers maintain that DEIA measures were pursued at the cost of meritocratic mobility within the Armed Forces.

Trump announced his intention to create the new federal department on Truth Social, writing: "I will create the EXTERNAL REVENUE SERVICE to collect our Tariffs, Duties, and all Revenue that come from Foreign sources. We will begin charging those that make money off of us with Trade, and they will start paying, FINALLY, their fair share."

The American Express settlement follows recent agreements by Mastercard and Block to settle claims from prosecutors or regulators.

President-elect Trump on Tuesday announced plans to create a new "External Revenue Service" that would be tasked with collecting revenue from tariffs, but economists are pushing back and noting ...