Unusual Whales

Following all the market activity, big or small, and reporting on it. Financial journalism isn't dead in the ocean.

Cuts to the IRS are forcing the "IRS to cancel several large audits, which could result in tens of billions in lost revenue for the government"

Staff reductions ordered under President Donald Trump’s government-wide downsizing effort are stalling major ongoing audits, and the IRS is unlikely to bolster its enforcement division anytime soon. According to The Wall Street Journal, this slowdown could result in tens of billions of dollars in unpaid taxes going uncollected. It
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Owners of private aircraft can now ask the Federal Aviation Administration to not publicly disclose their name, address and other data linking them to their planes

Private aircraft owners can now request that the Federal Aviation Administration (FAA) withhold their names, addresses, and other identifying information from public records that link them to their planes. The move comes in response to legislation passed last year that directed the FAA to create a process for handling such
1 min read