Live Q&A: IRS Begins Taxing Profits From Crime; Ghislaine Maxwell Guilty for Child Sex Trafficking

It used to be said that crime doesn’t pay. But now, according to the IRS, not only does crime pay, but that pay is a taxable asset—and they want a cut. The Internal Revenue Service is now saying that criminals need to report income from crime when they file their taxes. The IRS website now states, “Income from illegal activities...