America's wealthiest earners appear to be hiding billions of dollars from the IRS, study finds

The top 0.1% fail to report almost double that by using methods such as offshore accounts and pass-through businesses, researchers found.

View in browser Subscribe Business Insider brings you a personalized selection of our top business stories, every day. Was this email forwarded to you? Sign up for Business Insider here. America's wealthiest earners appear to be hiding billions of dollars from the IRS, study finds The top 0.1% fail to report almost double that by using methods such as offshore accounts and pass-through businesses, researchers found. READ MORE Premium YouTube star David Dobrik has been dropped by brands like Chipotle, EA Sports, and Dollar Shave Club after a rape allegation against a former member of his Vlog Squad Some brands are distancing themselves from the YouTube star David Dobrik after a recent investigation into a former member of his YouTube Vlog Squad. READ MORE Microsoft will open up its US headquarters to more employees by the end of the month as it embraces a hybrid workplace Microsoft employees will be allowed to return to the office or continue working remotely if they wish, Microsoft said. READ MORE Premium 29-year markets vet Ted Seides has interviewed hundreds of investment chiefs. He told us the 4 best pieces of advice he's learned about growing wealth, and the biggest misconception about the role. Ted Seides shared the top pieces of advice he learned from interviewing elite CIOs on his Capital Allocators podcast that launched about 4 years ago. READ MORE Popeyes is bringing its fried chicken to the UK, and it plans to open 350 restaurants over the next 10 years Popeyes is best known for its fried chicken, and it has been credited with starting the fast-food industry's chicken sandwich wars. READ MORE Premium A fund manager who's returned 138% in the past year shares 3 mid-cap stocks poised to surge as the economic reopening accelerates — and breaks down why investors should consider this overlooked yet outperforming asset class Outperforming PM Amy Zhang shares 3 stocks that straddle the best of both worlds as they are not only long-term compounders but also recovery plays. READ MORE SpaceX is betting big on its UK Starlink rollout, and is in talks to become part of the government's $6.9 billion 'Project Gigabit' plan for rural internet UK officials have confirmed that SpaceX's Starlink was being considered for getting internet to hard-to-reach communities. READ MORE Premium Knotel CEO Amol Sarva bragged about overtaking WeWork. He was just replaced by 2 former WeWork execs. The coworking firm Sarva founded — and steered into bankruptcy — will now be led by the Gross brothers, top brass from WeWork, new owner Newmark said. READ MORE Premium Ryan Jacob is in the top 1% of his investor peers. He shares the lessons learned by rebuilding his internet fund after the dot-com crash wiped out more than 90% of its value — and breaks down why tech stocks are not in a bubble today. "Anyone who went through that period, there's echoes of it, but it's not anything like that. It really isn't," says Ryan Jacob. READ MORE Premium A Facebook exec shares 4 strategies any leader can use to improve communication and camaraderie when working remotely Christine Trodella said leaders need to get better at communicating with their workforce and encouraging casual conversations. READ MORE Email sent to: ipat39@gmail.com   |   Manage preferences   |   Unsubscribe Terms of Service   |   Privacy Policy   |   © 2021 Insider Inc. 1 Liberty Plaza, New York, NY 10006