The IRS’s list of tax cheats and scoundrels

The IRS-CI unit has cracked down on thousands of tax cheats, fraudsters, money launderers and identity thieves, according to its 2015 annual report. And it managed to get about 3,000 convictions, many with stiff prison sentences and steep court-ordered restitution payments. So who did they grab? Petty criminals and fraudsters, and…

Square ends their cushy deal for Starbucks

Starbucks (SBUX) will be losing a cushy credit card payment processing deal with upstart Square, according to Square’s initial public offering filing. The processing deal, announced back in 2012, has been a huge money loser for Square since then. When the deal generated massive publicity because Starbucks also agreed to invest…