The US Justice Department has charged Hunter Biden with federal tax and weapons offences.
It's after President Biden's son agreed to a tentative plea deal with prosecutors over income tax.
The 53-year-old is also expected to make a similar agreement relating to a charge of illegally owning a firearm.
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It comes after a long-running investigation by the Justice Department into the president's second son.
According to a letter submitted to a Court in Delaware, Hunter Biden will now plead guilty to two misdemeanour tax offences.
Back in 2017 and 2018, the businessman allegedly failed to pay roughly $1.2 million in taxes for those finical years - with prosecutors recommending that the 53-year-old receive a two-year probation for this charge.
Meanwhile, Biden's representatives have insisted that previously paid the IRS back for the tax bill.
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In a letter filled on Tuesday to the court, the prosecutor confirmed the agreement, writing: "The defendant has agreed to plead guilty to both counts of the tax Information.”
Biden is also facing a felony charge of illegally possessing a firearm as a drug user but Biden and his legal team, have yet to agree on a full plea deal for this.
The prosecutor's letter also confirmed this, saying: "The defendant has agreed to enter a Pretrial Diversion Agreement with respect to the firearm Information.”
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Previously, the 53-year-old has had issues with addiction, mainly following the untimely death of his brother Beau, back in 2015.
At the time of purchasing the weapon, he denied having a drug problem whilst completing the legal paperwork.
Despite owning the gun for less than two weeks, it could mean that he could also face a charge of making a false statement.
Whilst the new agreement with means that he will avoid a lengthy trial and more scrutiny for the President, it's unclear whether Hunter Biden will need to appear in court to give his plea.
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Both the prosecution and defence have requested a court hearing for this, with a date yet to be arranged.
Amidst this, the Republican Party is also in the midst of its own investigation into the president's son and businessman.
Currently, congressional party members are investigating Biden's business dealings - as well as his finances.
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The news comes just a month after former President Donald Trump's indictment, which saw the politician and TV personality accused of mishandling classified documents at his Florida home.
However, the 77-year-old has strongly denied this.
Katherine Sidnell