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.
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Meanwhile, Biden's representatives have insisted that previously paid the IRS back for the tax bill.
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.
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The prosecutor's letter also confirmed this, saying: "The defendant has agreed to enter a Pretrial Diversion Agreement with respect to the firearm Information.”
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.
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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.
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.
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Currently, congressional party members are investigating Biden's business dealings - as well as his finances.
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