Displaying items by tag: IRS

A federal jury sitting in Greensboro, North Carolina, convicted a North Carolina couple of conspiring to defraud the IRS and other federal employment tax and income tax violations.  

The Biden administration is seeking to compel banks to report to the IRS any bank account with more than $600 in transactions per year. This proposal is a linchpin of Biden’s American Families Plan, and will supposedly help generate almost $500 billion in federal revenue over the next decade. But previous catch-all financial reporting requirements have helped spur national disasters, complete with pervasive federal looting.

CHARLOTTE — The Internal Revenue Service Criminal Investigation Division is warning taxpayers about Child Tax Credit-related scams, which criminals may use to steal money and personal information. 

WASHINGTON — The Internal Revenue Service today continues its “Dirty Dozen” scam series with a warning to taxpayers to watch out for unexpected schemes in the form of emails, text or social media messages and phone calls. 

Facebook, USA Today reports, "is asking some U.S. users whether they may have been exposed to extremist content, or if they are worried that someone they know might be becoming an extremist."

The self-styled investigative journalism outlet ProPublica recently published private IRS tax information — presumably embarrassing private tax information — for a host of ultrawealthy and famous Americans.

It's a tantalizing headline from investigative journalism group ProPublica: "The Secret IRS Files: Trove of Never-Before-Seen Records Reveal How the Wealthiest Avoid Income Tax."

CHARLOTTE — The Internal Revenue Service’s Criminal Investigation Division reminded  taxpayers today to file accurate tax returns and choose a tax preparer wisely. The nation’s tax season starts on Friday, Feb. 12, 2021 when the agency begins accepting and processing 2020 tax year returns.  

CHARLOTTE — The Internal Revenue Service’s Criminal Investigation Division is warning  North Carolina taxpayers about a new wave of COVID-19-related scams as the agency delivers the second round of Economic Impact Payments.  

A federal grand jury in Greensboro, North Carolina, returned an indictment (Tuesday), charging a North Carolina couple with federal employment tax and individual income tax violations.