Taxes
Tax preparer gets 5 years in prison for filing fraudulent returns
A Macon, Georgia, tax return preparer was sentenced to five years in prison Wednesday and pay more than $200,000 restitution after he pleaded guilty to filing false claims for tax refunds, according to the U.S. attorney's Office.
Florida woman faces potential 351 years in prison for tax fraud
A Fort Lauderdale, Florida, woman was convicted of heading an identity theft tax fraud scheme that netted $11 million in federal tax refunds and involved the filing of approximately 2,000 fraudulent tax returns, federal prosecutors said.
Five W-2 tips for wage earners
Verify, check and review. With tax season getting underway, the American Payroll Association has offered a few tips to help wage earners "get the most from their Form W-2."
IRS: If claiming education tax credit, wait until mid-February
Filing starts today, Jan. 30, 2013, but many taxpayers will have to wait a few weeks longer.
IRS adds Tumblr to its social media – already on Twitter, Facebook, others
Guess who's the "Mayor of Taxland?" Well, it isn't the Internal Revenue Service, because they aren't on FourSquare, but they are on most of the other popular social platforms.
Accounts of KeyBank customers breached in New York state
More than two dozen KeyBank card users, mostly from the New York town of Tonawanda and a few from Amherst, have had their accounts breached, according to local police, in what may be the latest round of fraud stemming from a breach at a prominent local fast-food restaurant.
Bar owner charged with tax evasion & fraudulent wage reporting
The charges claim that between January 1, 2006 and April 15, 2007, he spent more than $533,000 on "personal expenses" on a credit card, but only had reported income of $188,000.
Tax fraud cases show need for preparer regulation
There are hundreds, if not thousands, of cases each year of uncredentialed "kitchen counter" tax preparers misleading consumers and filing illegal returns. Just this week, we have three more examples: