Hunter Biden, the son of President Joe Biden, has reached a plea deal with the Justice Department and will plead guilty to three federal charges. The charges include two counts of wilful failure to pay income tax and one federal firearm offense.
The investigation into Hunter Biden's taxes began in 2018 when he purchased a handgun in Delaware. This prompted an inquiry by the FBI and IRS into his finances, leading to the discovery of unpaid taxes from years prior. After months of negotiations with prosecutors, Hunter has agreed to plead guilty on all three charges.
The plea deal includes an acknowledgement that drug use was a contributing factor in his gun crime and is entering into a pretrial diversion program for the firearm charge. He will also be required to pay back taxes as well as fines for failing to file returns.
This news comes after months of speculation surrounding Hunter Biden's involvement in various business dealings abroad while his father was Vice President under former President Barack Obama.
It remains unclear how this news will affect President Joe Biden's administration or if it will have any impact on his presidency moving forward. However, it is certain that this case serves as yet another reminder of how important it is for individuals to remain compliant with their tax obligations and abide by all applicable laws.