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Hollywood man sentenced to nearly 5 years in prison for fraudulently seeking millions of dollars in COVID tax breaks
LOS ANGELES – A Hollywood man who admitted to seeking more than $65 million from the IRS by falsely claiming on tax returns that his nonexistent farming business was entitled to COVID-19-related tax credits was sentenced today to 57 months in federal prison.
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Superfund chemical excise taxes
Superfund chemical excise taxes and procedures to report and deposit, effective July 1, 2022.
General Information
Businesses
Virginia business owner pleads guilty to tax fraud for failing to pay employees’ withheld taxes
March 15, 2024 — A Great Falls man pleaded guilty today to failing to pay over to the IRS the taxes withheld from his employees’ paychecks.
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The IRS encourages taxpayers to consider charitable contributions
Get a closer look at why the IRS is encouraging taxpayers to make charitable contributions by December 31, 2021.
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IRS: Hurricane Ian victims in the Carolinas qualify for tax relief; Oct. 17 deadline, other dates extended to Feb. 15
IR-2022-173, October 5, 2022 — Hurricane Ian victims throughout both North Carolina and South Carolina now have until February 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. This is similar to relief announced last week for Ian victims in Florida.
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News Media, Individuals, Tax Professionals, Businesses
IRS reminders about April 18 deadline for last-minute filers and others
IR-2022-86, April 15, 2022 — The Internal Revenue Service is reminding taxpayers the deadline to file and pay tax owed for most individual income tax returns is Monday, April 18. The agency wants last-minute filers to know tax help is available to file a tax return, request an extension or make a payment, 24 hours a day on IRS.gov.
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News Media, Individuals, Tax Professionals, Businesses
IRS issues another 430,000 refunds for adjustments related to unemployment compensation
IR-2021-212, November 1, 2021 — The Internal Revenue Service recently sent approximately 430,000 refunds totaling more than $510 million to taxpayers who paid taxes on unemployment compensation excluded from income for tax year 2020.
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Estates and trusts
Learn how to e-file Form 1041, U.S. Income Tax Return for Estates and Trusts.
Software Development
Software Developers
Man pleads guilty to multimillion dollar tax fraud scheme involving professional athletes and PPP loan fraud
May 13, 2022 — A California man pleaded guilty today to wire fraud and to conspiring with others in a scheme to prepare false tax returns seeking millions of dollars of tax refunds from the Internal Revenue Service (IRS) and to defraud the Paycheck Protection (PPP) loan program by filing over 80 PPP loan applications seeking over $100 million.
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SOI Tax Stats - Gross collections by type of tax and state - IRS Data Book Table 5
Gross Collections, by Type of Tax and State, Data Book Table 5
About IRS