Found 1355 Matching Items; Displaying 981 - 990.
Internal Revenue Service inaugurates four IRS Taxpayer Assistance Centers in Puerto Rico
PR-2023-01, January 24, 2023 — To help qualified Puerto Rico residents claim the Child Tax Credit and to celebrate four new IRS office openings on the island, the IRS will host a special event on Saturday, January 28, from 9 a.m. to 4 p.m., at the Taxpayer Assistance Center in Guaynabo, Puerto Rico, located inside the City View Plaza II building at 48 Carr 165 km. 1.2, Guaynabo, 00968.
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Monterey Caterer charged with defrauding the government out of $4 million in Covid relief funds
Jan. 26, 2024 — A federal grand jury returned an indictment yesterday charging Dory Lindsay Ford with charges related to COVID fraud, including bank fraud, wire fraud, and money laundering, announced United States Attorney Ismail J. Ramsey; IRS Criminal Investigation (CI) Acting Special Agent in Charge Michael Mosley of the Oakland Field Office; and Small Business Administration, Office of Inspector General (SBA-OIG) Special Agent in Charge Weston King.
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Reality show cast member pleads guilty to 15 felonies, admits multiple frauds
May 24, 2023 — A reality show cast member and St. Louis, Missouri area radio personality on Wednesday pleaded guilty to 15 federal felonies and admitted committing tax fraud, bank fraud, insurance fraud and three separate pandemic fraud schemes.
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Section 1061 Reporting guidance FAQs
Section 1061 was added to the Internal Revenue Code as part of the Tax Cuts and Jobs Act (TCJA). For taxable years beginning after December 31, 2017, section 1061 recharacterizes certain net long-term capital gains of a partner that holds one or more applicable partnership interests as short-term capital gains. The provision generally requires that a capital asset be held for more than three years for capital gain allocated with respect to any applicable partnership interest (API) to be treated as long-term capital gain.
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Businesses, Partnerships
Used Clean Vehicle Credit
If you buy a qualified used electric vehicle from a dealer for $25,000 or less, you may be eligible for a clean vehicle tax credit of up to $4,000.
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401(k) plan overview
Find general information about 401(k) plans, the tax advantages of sponsoring the plan and the types of plans available.
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Administrators
Former car dealership manager gets 2 years in prison, must pay $448,000 restitution
June 7, 2023 — A Cave Springs man and former general manager at several Northwest Arkansas car dealerships was sentenced Monday to 24 months in prison followed by three years of supervised release, and was ordered to pay more than $448,000 in restitution for evading federal income taxes for seven years. U.S. District Judge Timothy L. Brooks presided over the sentencing hearing, which followed the January 23, 2023, guilty plea entered by defendant Jonathan M. Wichman, to a criminal information charging him with tax evasion.
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Tolland strip club owner, manager & bouncer charged in 12-count indictment
May 15, 2024 — Vanessa Roberts Avery, United States Attorney for the District of Connecticut, New England, Harry T. Chavis, Jr., Special Agent in Charge of IRS Criminal Investigation (CI) in New England, Michael J. Krol, Special Agent in Charge of Homeland Security Investigations (HSI), and Connecticut State Police Colonel Daniel Loughman today announced that a federal grand jury in Hartford has returned a 12-count indictment charging Kenneth Denning of Holland, Massachusetts, Joshua Baker of Willimantic, Connecticut, and William Mayo of Manchester, Connecticut, with offenses stemming from the operation of the Electric Blue strip club in Tolland, Connecticut.
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Monmouth County doctor admits harboring undocumented workers from India
February 16, 2023 — A Monmouth County, New Jersey, doctor pleaded guilty today to harboring two undocumented women from India and failing to pay taxes on their wages, U.S. Attorney Philip R. Sellinger announced.
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Former accounting manager at Everett manufacturing company sentenced to three years in prison for 2.5 million dollar embezzlement
August 29, 2023 — A Kent, Washington, woman was sentenced today in U.S. District Court in Seattle to three years in prison for wire fraud and tax fraud related to a 10-year embezzlement scheme, announced Acting U.S. Attorney Tessa M. Gorman.
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